The Colonists Summarized Which of the Following Parliamentary Acts as the "Intolerable

question 5

Multiple Choice

The colonists summarized which of the following parliamentary acts as the "Intolerable Acts"?

• A) The Townshend Duties
• B) The Stamp Act
• C) The Tea and Sugar Acts
• D) The Declaratory and Restraining Acts
• E) The Coercive and Quebec Acts

---

Definitions:

Financial Treatment

The method or approach used in accounting to manage and report the financial aspects and transactions of a business.

Ownership

The right to possess property, whether tangible or intangible, and exercise control over it.

Valuation Allowance

A reserve created against the deferred tax asset due to uncertainty concerning its realization.

Unrealized Gain

Profit that comes from an investment that has increased in value but has not yet been sold by the investor, thus not resulting in actual income.