What was the cash-and-carry policy?

a.) a provision in the neutrality act of 1937 which permitted the u. s to sell nonmilitary goods to warring nations, if the nations paid in cash and shipped the goods themselves.
b.) a provision in the neutrality act of 1936, which permitted the u. s to sell military goods to warring nations, if the nations paid in cash and shipped the goods themselves.
c.) a provision in the lend-lease act, which permitted the u. s. to lend nonmilitary and military goods to waring nations, as long as they promised to pay in cash for them.
d.) demand cash in advance for any goods sold and shipped to warring nations.

its not b

The purpose of this policy was to maintain neutrality between the United States and European countries while giving aid to Britain by allowing them to buy non war materials. ... The "cash and carry" legislation enacted in 1939 effectively ended the arms embargo that had been in place since the Neutrality Act of 1936. So, I would say option A.

all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation: