Why Did the Whig Party Collapse

question 48

Multiple Choice

Why did the Whig party collapse?

• A) It no longer had sufficient numbers of people voting for it.
• B) It opposed slavery.
• C) The strain of the Kansas-Nebraska Act pushed northern and southern members toward joining different parties.
• D) The Republican party defeated the major Whig candidates in the 1852 election.
• E) Its economic policies were perceived as too socialist.

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Definitions:

Business Form

The legal structure or organization of a business, such as sole proprietorship, partnership, corporation, or limited liability company (LLC).

S Corporation

A designation for a corporation that meets specific Internal Revenue Service criteria, allowing it to be taxed as a pass-through entity, thereby avoiding the double taxation typically applied to corporations.

Purported Partnership

The appearance of partnership when there is no partnership; it arises when a person misleads a second person into believing that the first person is a partner of a third person; a theory that allows the second person to recover from the first person all reasonable damages the second person has suffered due to his reliance on the appearance of partnership.

Constructive Partnership

A legal concept where a partnership is deemed to exist based on the actions or conduct of the parties, despite there being no formal agreement.