MATCHING Match the Person or Term with the with the Correct

question 11

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Henry Clay

• A)his proposal sparked Missouri controversy
• B)Second Bank of the United States
• C)A Son of the Forest
• D)temporary Rhode Island governor
• E)"log cabin" candidate
• F)theorist behind nullification
• G)advocated a powerful federal government as president
• H)Jefferson's treasury secretary
• I)accused of making a "corrupt bargain"
• J)founder of the Democratic Party
• K)senator who denounced nullification as treasonous
• L)Cherokee resistance leader

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, with rights to enter into contracts, loan and borrow money, sue and be sued.

Not-for-Profit

Organizations or institutions that do not operate for the purpose of making a profit but rather for a public benefit or a specific cause.

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit.

Minimize Cost

The process of finding ways to use the smallest amount of resources or incur the lowest cost in producing goods or services.