Question

In 1940, the "cash and carry" plan: a. was voted down by Congress. b. allowed Great Britain to purchase U.S. arms on a restricted basis. c. allowed Germany to purchase U.S. arms on a restricted basis. d. allowed all belligerents to purchase U.S. arms on a restricted basis. e. allowed Japan to purchase U.S. arms on a restricted basis.

Answer 1

Answer: Option (B) is correct.

Explanation:

Cash and carry plan was considered as a policy Franklin Roosevelt carried out at a session of US Congress on 21 September 1939. It at the time replaced Neutrality Acts(1937), under which belligerents could buy nonmilitary goods from the US as long as they pay upfront in cash and also assumed the risk associated with transportation.