Which of These Statements Was Not True of Jay's Treaty

question 21

Multiple Choice

Which of these statements was not true of Jay's Treaty?

• A) Britain agreed to leave its military posts along the frontier of the Northwest Territory.
• B) Britain agreed to make reparations for cargo it had seized.
• C) Britain agreed to stop impressing American sailors.
• D) The United States lifted duties on British imports for ten years.
• E) The treaty satisfied virtually no one and angered most.

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Definitions:

Futures Price

The agreed-upon price for a financial instrument or commodity to be delivered and paid for at a future date.

Orange Juice

A liquid extract of the orange tree fruit, consumed as a beverage or used in culinary dishes and as a commodity traded on futures markets.

Futures Contracts

Standardized legal agreements to buy or sell a financial instrument or physical commodity at a predetermined future date and price.

Profit (Loss)

The financial gain or loss resulting from revenue generated minus the expenses of operating the business.