mckaywest11e

Quiz for Primary Source 10.2: Contract for a Trading Venture

Question

1. How much did the active partners contribute to the total investment of £142?

£105

£50

£8

Nothing

Correct. The answer is c. The partners’ contribution represented a small percentage of the total investment. Their profits were to come primarily from their 25 percent share of the other investors’ profits.

Incorrect. The answer is c. The partners’ contribution represented a small percentage of the total investment. Their profits were to come primarily from their 25 percent share of the other investors’ profits.

Question

2. Into which of these does the contract provide insight?

The commercial revolution

Medieval urban renewal

The relationship between urban and rural elites

Trade connections between Italy and the Netherlands

Correct. The answer is a. The contract provides an example of the emerging capitalist spirit, demonstrating one of the ways medieval people invested their accumulated wealth.

Incorrect. The answer is a. The contract provides an example of the emerging capitalist spirit, demonstrating one of the ways medieval people invested their accumulated wealth.