Which of the Following Is True of the Louisiana Purchase

question 116

Multiple Choice

Which of the following is true of the Louisiana Purchase?

• A) The slave rebellion in Haiti almost persuaded Napoleon to keep Louisiana as a base from which to attack the island if necessary.
• B) France had guaranteed the United States commercial access to New Orleans,but Jefferson feared that a British victory over France would deprive the United States of that access.
• C) Jefferson believed that the Constitution explicitly and fully authorized this land deal.
• D) Jefferson expected the land acquisition to make possible the spread of agrarian republicanism.
• E) Ironically,a majority of Republican congressmen opposed the Purchase,so Federalist votes ultimately made its approval possible.

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Definitions:

Creditors' Risk

The risk to lenders that a borrower will not repay a loan or other credit extended, potentially leading to financial loss.

Liabilities

Economic dues a company is obligated to clear with others, which involves dispensing economic benefits progressively over time.

Stockholder's Equity

Ownership interest represented by what remains of a company's assets once all liabilities have been deducted.

Assets

Resources owned by a business that have economic value and can be used to meet debts or generate income.