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In 1805 disputes with Barbary pirates from your sailors and the payment of high tribute in exchange for ransom Forest Jeffress son to war with which city?
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Who did Thomas Jefferson refuse to pay tribute to?
Thomas Jefferson refused to pay tribute to the Barbary pirates, who were demanding payment in exchange for not attacking American ships and capturing American sailors. He believed that paying tribute only encouraged further acts of piracy and instead advocated for military action to protect American interests. This eventually led to the First Barbary War.
What was the payment in exchange for a lord's release in the Mideavl Ages?
the payment was gold
How were the Barbary Pirates a threat to American security was posed by their activities?
The Barbary Pirates were attacking our shipping in the Mediterranean, enslaving our crews, demanding tribute (payment) for passage, and all sorts of other vile things. The Barbary Pirates were the lowest form of dirtbags ever to go to sea, and earned their demise.
What is a bill of exchange?
A bill of exchange is a document demanding payment from another party, especially in international trade.
What is the period of time allowed in payment of bills of exchange?
usance
Is a good that all people accept as a means of payment?
medium of exchange
What is The period of time permitted for the payment of foreign bills of exchange?
usance
How do you calculate exchange rate?
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
What was the demand of barbary pirates?
They were demanding freedom for the black slaves.
What is the difference between Deferred Payment Credit and Acceptance Credit?
Acceptance credit is always available by the draft/bill of exchange, whereas a deferred payment cerdit may and may not be available by the draft/bill of exchange.
What is a small annual payment to a proprietor of a colony in exchange for a grant of land?
Stipend
A payment made in exchange for occupying another's land or property is called?
rent
