Which of the Following Correctly Describes the Position of the Dutch

question 8

Multiple Choice

Which of the following correctly describes the position of the Dutch East India Company?

• A)The Company quickly took total control of most of Indonesia.
• B)After a difficult beginning,the company was incredibly profitable until the end of the colonial era.
• C)While it made enormous profits for its shareholders,the company was embroiled in wars and eventually went bankrupt.
• D)The company sold shares to wealthy Indonesians and remains a powerful influence in that nation today.
• E)Because it failed to make any profit,the company was disbanded within 50 years of its formation.

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Definitions:

Agency Relationship

A legal and fiduciary bond between two parties where one, the agent, is authorized to act on behalf and represent the interests of the other, the principal.

Terminated

The condition of being brought to an end or concluded, often referring to contracts, employment, or agreements.

Insolvency

The state of being unable to pay debts as they fall due or having liabilities exceed assets.

Principal

The party that an agent’s authority can bind or act on behalf of.