In 1624, a British Court Dissolved the Struggling Virginia Company

question 51

Multiple Choice

In 1624, a British court dissolved the struggling Virginia Company, and Virginia:

• A) was merged with New England
• B) no longer existed
• C) became a royal colony
• D) lost all its funding
• E) was given to the king's brother, the Duke of York

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Definitions:

Second-Hand Dealer

A business or individual that buys and sells used goods.

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a debt.

Clear Title

Ownership that is free of liens, disputes, or legal questions, fully enabling the transfer to another party.

Breach of Condition

A Breach of Condition refers to the failure to meet a condition stated in a contract, which is so fundamental that it allows the other party to terminate the contract and seek compensation for damages.