A Crédit Mobilier Was

question 26

Multiple Choice

A Crédit Mobilier was

• A) a means of financing purchase of automobiles.
• B) a French banking conspiracy.
• C) a financial scam designed to funnel money to railroads through their own construction contracts.
• D) a scandal that came out due to the bribing officials to promote Native American casinos.
• E) All of the above are true.

---

Definitions:

Nominal Damages

Monetary damages awarded to a plaintiff in a very small amount, typically $1 to $5, to signify that the plaintiff has been wronged by the defendant even though the plaintiff suffered no compensable harm.

Reformation

A legal process to correct or modify a contract or document to accurately reflect the intended terms of the parties involved.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, aiming to standardize legislation across states to facilitate easier commerce.

Terms

Conditions and stipulations agreed upon in a contract or agreement that define the obligations and rights of the parties involved.