The answer is D. Indentured servants after a certain period of time would earn their freedom. Hope this helps!

The idea of indentured servitude was born of a need for cheap labor. With passage to the Colonies expensive for all but the wealthy, the Virginia Company developed the system of indentured servitude to attract workers. Indentured servants became vital to the colonial economy.

Indentured servants were men and women who signed a contract (also known as an indenture or a covenant) by which they agreed to work for a certain number of years in exchange for transportation to Virginia and, once they arrived, food, clothing, and shelter.

Indentured servants were attracted to the English colonies because there appeared to be a greater chance in the colonies for them to acquire land and…

Indentured servitude was an important form of labor utilized in British North America during the colonial and early national periods. Indentured servants first appeared in the Chesapeake colonies, but they also were present in the middle colonies and the Lower South.

When slavery ended in the British Empire in 1833, plantation owners turned to indentured servitude for inexpensive labor. These servants arrived from across the globe; the majority came from India where many indentured laborers came from to work in colonies requiring manual labor.

After Bacon’s Rebellion in 1676, planters began to prefer permanent African slavery to the headright system that had previously enabled them to prosper. It’s hard to believe, but the practice of indentured servitude in American did not end in the United States until the early 1900s.

Upon the completion of service, indentured servants in most colonies received “freedom dues.” At first, the colonies often made land grants. Eventually, however, the colonies turned to either monetary payments or payments in kind by the master.

The total number of European immigrants to all 13 colonies before 1775 was about 500,000; of these 55,000 were involuntary prisoners. Of the 450,000 or so European arrivals who came voluntarily, Tomlins estimates that 48% were indentured. About 75% of these were under the age of 25.

1917

Indenture refers to a legal and binding agreement, contract, or document between two or more parties. In modern day finance, the word indenture most commonly appears in bond agreements, real estate deals, and some aspects of bankruptcies.

1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.

For example, a stock is an equity security, while a bond is a debt security. When an investor buys a corporate bond, they are essentially loaning the corporation money, and have the right to be repaid the principal and interest on the bond.

Congress passed the Trust Indenture Act of 1939 to protect bond investors. It prohibits the sale of any debt securities in a public offering unless they are issued under a qualified indenture. The Securities and Exchange Commission (SEC) administers the TIA.

A trust indenture is a legal and binding contract that is created to protect the interests of bondholders. A trust indenture also includes the characteristics of the bond, such as maturity date, face value, coupon rate, payment schedule, and purpose of the bond issue.

Treasury notes are government securities that are issued with maturities of 2, 3, 5, 7, and 10 years and pay interest every six months.

Callable or redeemable bonds are bonds that can be redeemed or paid off by the issuer prior to the bonds’ maturity date. When an issuer calls its bonds, it pays investors the call price (usually the face value of the bonds) together with accrued interest to date and, at that point, stops making interest payments.

Callable bonds can be called away by the issuer before the maturity date, making them riskier than noncallable bonds. Callable bonds face reinvestment risk, which is the risk that investors will have to reinvest at lower interest rates if the bonds are called away.

A callable—redeemable—bond is typically called at a value that is slightly above the par value of the debt. The earlier in a bond’s life span that it is called, the higher its call value will be. For example, a bond maturing in 2030 can be called in 2020. It may show a callable price of 102.

Bonds tend to be less volatile and less risky than stocks, and when held to maturity can offer more stable and consistent returns. Interest rates on bonds often tend to be higher than savings rates at banks, on CDs, or in money market accounts.

There are five main types of bonds: Treasury, savings, agency, municipal, and corporate.

Stocks give you partial ownership in a corporation, while bonds are a loan from you to a company or government. The biggest difference between them is how they generate profit: stocks must appreciate in value and be sold later on the stock market, while most bonds pay fixed interest over time.

Bonds can be bought and sold in the “secondary market” after they are issued. While some bonds are traded publicly through exchanges, most trade over-the-counter between large broker-dealers acting on their clients’ or their own behalf. A bond’s price and yield determine its value in the secondary market.

Bond funds typically pay periodic dividends that include interest payments on the fund’s underlying securities plus periodic realized capital appreciation. Bond funds typically pay higher dividends than CDs and money market accounts. Most bond funds pay out dividends more frequently than individual bonds.

A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debtholders, or creditors, of the issuer.