All of the Following Were Involved in Scandals During the Grant

question 110

Multiple Choice

All of the following were involved in scandals during the Grant administration EXCEPT

• A)President Ulysses Grant.
• B)Secretary of War William Belknap.
• C)Vice President Schuyler Colfax.
• D)Treasury Secretary Benjamin Bristow.
• E)None of these answers is correct; all were involved in scandals.

---

Definitions:

Financial Obligation

A legal responsibility to settle a debt or pay for a service or product that has been received.

Registered Securities

Securities with which the issuer or a transfer agent keeps a list of the names of owners. Dividends or interest payments are made to owners of record as of specified dates.

Transfer Agent

A financial institution or trust company designated by a corporation to keep records of investors, account balances, and transactions, and manage the transfer of stocks and bonds.

Negative Return

A loss that occurs when the value of an investment decreases compared to its initial purchase price.