Representative Assemblies Developed in Two Areas

question 48

Multiple Choice

Representative assemblies developed in two areas:

• A) The Estates-General established in France under Louis IX and the Parliament established in England under Richard III.
• B) The Estates-General established in France by Philip IV and the Parliament established in England during the reign of John.
• C) The Parliament established in 11th-century Hungary and the General Estates in 14th-century Germany.
• D) Congresses developed in England and France after the example of the American Continental Congress.

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations on outstanding debt.

Interest Expense

The cost incurred by an entity for borrowed funds.

Income Before Income Tax

Income Before Income Tax is a financial metric indicating the amount of profit a company makes before applying income tax expenses.

Return on Total Assets

A financial ratio that measures a company's profitability relative to its total assets.