Why Was the Declaration of Independence a Remarkable Philosophical Statement

question 43

Multiple Choice

Why was the Declaration of Independence a remarkable philosophical statement for its time?

• A) It asserted that slavery was a "morally unjust" institution that should be outlawed.
• B) It asserted that there were "unalienable rights" that could not be abridged by governments.
• C) It asserted that laissez-faire capitalism would be the "supreme law of the land" in America.
• D) It asserted that America was "first and foremost, a Christian nation."
• E) It asserted that efforts by European powers to colonize lands in North and South America would be viewed as an act of aggression by the United States.

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Definitions:

Corporate Tax Rates

The rates at which corporations are taxed on their profits by the government.

Capital Structure

The mix of debt and equity financing used by a firm to finance its operations and growth.

Business Risk

The exposure a company or investor has due to uncertainties in the operating environment, including market demand, supply costs, and competition.

Financial Risk

The probability of loss inherent in financial operations, such as changes in market prices, interest rates, or credit quality.