The British Were Especially Interested in Controlling the Suez Canal

question 7

Multiple Choice

The British were especially interested in controlling the Suez Canal because it:

• A)guaranteed their control of Egypt.
• B)allowed them to control their mandate of Palestine.
• C)demonstrated their superiority over the French.
• D)cut the travel time to their colony of India in half.
• E)allowed them to complete the "Cape-to-Cairo" railroad.

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Definitions:

Voting Stock

Shares that give the holder the right to vote on corporate matters, such as electing the board of directors and approving corporate policies.

Controlling Investor

An individual or entity that holds a significant portion of a company's shares or voting rights, granting them substantial influence or control over the company's decisions and policies.

Investee

A company in which an investor holds a minor equity or debt stake, implying a level of influence but not full control.

Fair Value

An estimate of the market value of an asset or liability, based on the current price to sell an asset or settle a liability in an orderly transaction.