Why Did Massachusetts Have Its Charter Revoked by Charles II

question 148

Multiple Choice

Why did Massachusetts have its charter revoked by Charles II?

• A) The Salem witch trials made a mockery of colonial law.
• B) Massachusetts's opposition to the Glorious Revolution angered Parliament.
• C) The king planned on living in Massachusetts after fleeing England.
• D) Charles did not approve of Massachusetts's violations of Navigation laws.
• E) Charles wanted to give more colonial power to Plymouth.

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Definitions:

Partnerships

A form of business structure where two or more individuals share ownership, profits, and liabilities, operating under a legal partnership agreement.

Distributions of Income

The process by which earned income or profits are paid out to stakeholders, such as dividends to shareholders.

Loss

The negative financial result from operations, investments, or other business activities where expenses exceed revenues.

Closing Entry

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones.