Which summary accurately describes the Yazoo Land Fraud?
A
More land was granted to people than was available.
B
The government did not own the land it planned to give away.
C
Only members of a particular political party were granted land.
D
Legislators were bribed to make sure they supported a land deal.
Answers
Explanation:
Yazoo land fraud, in U.S. history, scheme by which Georgia legislators were bribed in 1795 to sell most of the land now making up the state of Mississippi (then a part of Georgia's western claims) to four land companies for the sum of $500,000, far below its potential market value. News of the Yazoo Act and the dealing ...
Answer:
The Yazoo Land Scandal can be summarised as "Legislators were bribed to make sure they supported a land deal".
Explanation:
This real estate fraud took place in the Georgia State of the United States of America. In 1795 the legislators of Georgia were bribed by four land companies called The Georgia Company, The New Tennessee Company, The Upper Mississippi Company and The Georgia -Mississippi Company, to support a deal in which these companies could buy a large portion of land, then part of Georgia State and currently the state of Mississippi and Alabama, for an amount far less than then prevailing market value. An area of almost 40,000,000 acres was sold for a price of $500,000 to these companies.
However soon the public knew about this Yazoo act and began to protest against the legislatures. As a result, a government change took place and attempts were made to repeal the land sale.
To know more about the Land Fraud:
https://brainly.in/question/5871241
To know about Georgia:
https://brainly.in/question/16249855
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