Which Objects Were Created Specifically for Trade with the Portuguese

question 2

Multiple Choice

Which objects were created specifically for trade with the Portuguese?

• A) textiles from Kongo
• B) brass plaques from Benin
• C) ivory horns from Sierra Leone
• D) gold figurines from South Africa

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Definitions:

Amortization

The process of spreading out the cost of an intangible asset over its useful life.

Discount on Bonds Payable

The amount by which a bond's selling price is less than its face value or principal amount, typically reflecting market interest rates higher than the bond's coupon rate.

Issued at Face Value

A term indicating that a financial instrument, such as a bond, is sold for its original cost, not at a premium or discount.

Equipment

Tangible property used in operations, such as machinery and office equipment, which is not intended for sale.