Spanish Authorities Allowed Moses Austin to Settle in Texas Because

question 38

Multiple Choice

Spanish authorities allowed Moses Austin to settle in Texas because

• A) they believed that Austin and his settlers might be able to civilize the territory.
• B) they believed that the militarily powerful Austin would otherwise have taken the land by force.
• C) Spanish control of the territory was a subject of dispute between Spain and the United States.
• D) Spain planned to sell the land to the United States.
• E) he paid them a sizeable sum of money.

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Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Ending Inventory

The value of goods available for sale at the end of an accounting period.

Current Cost

The present-day cost to replace an asset or to purchase an equivalent asset, reflecting current market prices.

Actual Cost

The actual amount of money spent to acquire an asset, including all costs necessary to get the asset ready for its intended use.