Short Answer: C
D is too restrictive
A and C are opposites so one of them is right and the other isn't. Sometimes you get luck with Multiple Choice. If you have to guess, this one is the kind of question you want to guess on. A is the opposite to what is true. The answer is C.
B Any asset can be something that can be a depreciating asset. A good example is a car or truck. Depreciating assets and not damaged assets.
Representation of people
Limited government
Religious toleration
I'm thinking your question means to ask, "<em><u>What</u></em><em> is popular sovereignty?"</em>
"Popular sovereignty" means the people are in charge of establishing a government over themselves.
The founding fathers of the United States adopted the idea of popular sovereignty from Enlightenment philosophers like John Locke (of England) and Jean-Jacques Rousseau (of France).
The Declaration of Independence (1776), written primarily by Thomas Jefferson, asserted the concept of popular sovereignty. The Declaration insisted that people institute governments in order to secure their rights, and that governments get their authority from the consent of the governed. "Whenever any Form of Government becomes destructive of these ends," the Declaration of Independence said, "it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."