The Profits of Colonization Primarily Went To

question 17

Multiple Choice

The profits of colonization primarily went to:

• A)Shareholders of colonial companies.
• B)The subject people (colonized).
• C)The colonizing government.
• D)Colonial taxpayers in both home country and colony.
• E)Other colonies.

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Definitions:

Account Party

Account Party is a key term in banking and finance, denoting the party that requests and is obligated to reimburse the issuer of a letter of credit upon completion of terms.

Express Warranty

A seller’s or lessor’s oral or written promise, ancillary to an underlying sales or lease agreement, as to the quality, description, or performance of the goods being sold or leased.

Reasonable Buyer

A hypothetical person who exercises average care, judgment, and information in their purchasing decisions, often referenced in legal contexts.

Seller's Representation

Statements made by a seller regarding the quality, condition, or legal status of the goods or property being sold.