As a Result of the Seven Years' War, Territory in the Americas

question 15

Multiple Choice

As a result of the Seven Years' War, territory in the Americas changed hands. Which of the following statements describes these changes?
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• A) France acquired the Louisiana territory, New Spain, and the West Indies as a result of winning the war.
• B) Louisiana was ceded to the United States by Spain due to the defeat of the Spanish by American troops during the war.
• C) Most of the Ottoman Empire was overtaken by Russia, whereas the Empire had been independent before.
• D) Canada is indicated as being a British possession, whereas it was a French possession before the war.

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Definitions:

Common Stock

Equity instruments that grant the owner the right to receive dividends, which can fluctuate in value and are not guaranteed, reflecting the company's performance.

Par Common Stock

Common stock issued with a nominal or face value, used primarily for accounting purposes and often set at a low amount.

Treasury Stock

Stocks that the issuing company originally sold and then bought back, lowering the total number of shares available for trade on the market.

Fair Market

The price that an asset would sell for on the open market, under all conditions requisite to a fair sale.