The Plessy V. Ferguson Decision

question 23

Multiple Choice

The Plessy v. Ferguson decision

• A)supported the system of debt peonage in the South.
• B)prohibited interracial marriage.
• C)established the principle of "separate but equal."
• D)supported the voting rights of African Americans.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services already delivered but not yet paid for.

Inventory

Represents the goods or materials a business holds for the purpose of resale or production.

Interest Expense

The cost incurred by an entity for borrowed funds, which can include the cost of bonds, loans, or lines of credit.

Opportunity Costs

The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.