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Which of the Following Was a Consequence of the Spoils

question 106

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Which of the following was a consequence of the spoils, or patronage, system?


Definitions:

Insurance Companies

Businesses that provide coverage, in the form of compensation resulting from loss, damages, injury, treatment, or hardship in exchange for premium payments.

Money Market Security

Short-term financial instruments, typically debt-based, that are highly liquid and considered to have low risk.

U.S. Treasury Bill

A short-term government security issued by the United States Department of the Treasury with maturity periods typically less than one year.

Certificate of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by banks.

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