When Prohibition Was Repealed by the 18ᵗʰ Amendment to the U.S.Constitution

question 28

True/False

When Prohibition was repealed by the 18ᵗʰ Amendment to the U.S.Constitution in 1933,many former bootleggers turned to bank robbery and kidnapping.It then became the FBI's role to deal with the criminals.

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Definitions:

Contract Rate

The interest rate to be paid on the face amount of a bond as specified in the bond indenture.

Premium

An amount paid in addition to the standard price or cost, often in exchange for a service, insurance coverage, or higher-quality good.

Bondholders

Individuals or entities that hold debt securities issued by corporations or governmental bodies, expecting interest payments and the return of principal.

Issuing Corporation

A company or entity that offers its securities for sale to investors to raise capital.