How Did Jackson's Reelection in 1832 Affect His View of the Bank

question 47

Multiple Choice

How did Jackson's reelection in 1832 affect his view of the Bank of the United States?

• A) His narrow victory convinced him to support the bank.
• B) He hoped to let the original charter expire quietly in 1836.
• C) He ordered federal deposits removed from its vaults.
• D) He shut down the national bank and all state banks.

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Definitions:

Return Promise

An agreement in a contract where one party promises to perform an action in response to the performance of a second party.

Objective Standard

An objective standard refers to a legal criterion that is based on factual measurements or external circumstances, rather than personal opinions or feelings.

Contractual Obligations

A legal duty that arises from agreements made between parties, requiring them to act or refrain from acting in certain ways.

Unliquidated Debt

Debt for which the parties either dispute the fact that any money is owed or agree that some money is owed but dispute the amount.