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Identify the company that went insolvent in 1720 following the War of Spanish Succession, after which the UK signed the Treaty of Utrecht 1713 with Spain which allowed competition in its home market.
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| South Sea Company |
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| Friedrich Krupp AG |
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| Bankwest |
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| Lehman Brothers |
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A Parliamentary inquiry revealed fraud among members of the government, including the Tory Chancellor of the Exchequer John Aislabie, who was sent to prison.
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The correct answer was South Sea Company
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