Which of the Following Statements About the Declaration of Independence

question 13

Multiple Choice

 Which of the following statements about the Declaration of Independence is CORRECT? 

• A) It was written primarily by George Washington and James Madison. 
• B) It primarily focused on concerns over economic inequality. 
• C) It was a rejection of the philosophy of John Locke. 
• D) It drew on the works of Thomas Hobbes. 
• E) It was essentially a lawyer's brief justifying a revolution.

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Definitions:

Capital

Financial assets or the financial value of assets, such as cash and goods, used to start or operate a business.

Office Equipment

pertains to fixed, long-term assets used in an office environment for the business operations, such as computers, printers, and furniture, distinct from the broader term "equipment" by its office-specific use.

Open Account

A credit arrangement where the buyer pays the seller for goods or services at a later time, without the need for a formal loan agreement.

Owner's Equity

The total value of assets owned by the proprietorship after all debts and liabilities have been settled; essentially the net worth of a company.