Based on the research findings of David Galenson, Robert Heavner and others, what type of person would you expect to negotiate an indenture contract of the longest duration?
A) a 13 year-old illiterate male who went to New York
B) a 22 year-old female weaver who went to Massachusetts
C) a 20 year-old male unskilled worker went to the West Indies
D) a 21 year-old male blacksmith who went to the Pennsylvania

Question

Quizplus · Accepted Answer

Younger, illiterate males typically negotiated longer indenture contracts due to their lower immediate value and the need for a longer period to repay the cost of passage.

Based on the Research Findings of David Galenson, Robert Heavner