USA HISTORY

SETTLING NORTH AMERICA 1497 1732

FOUNDING OF THE NEW ENGLAND COLONIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the name of a document that granted the right to form a colony?
A
debtor
B
headright
C
charter
D
None of the above
Explanation: 

Detailed explanation-1: -A charter is a document that gives colonies the legal rights to exist. Charters can bestow certain rights on a town, city, university, or other institution. Colonial charters were approved when the king gave a grant of exclusive powers for the governance of land to proprietors or a settlement company.

Detailed explanation-2: -“Charter document” is a term used to describe a company’s formation document, such as a corporation’s Articles of Incorporation or a limited liability company’s Articles of Organization.

Detailed explanation-3: -The Magna Carta (“Great Charter”) is a document guaranteeing English political liberties that was drafted at Runnymede, a meadow by the River Thames, and signed by King John on June 15, 1215, under pressure from his rebellious barons.

Detailed explanation-4: -Memorandum of Association is the document which is called the charter of the company.

There is 1 question to complete.