Which of these statements is true about the "iran-contra" affair? a) impeachment proceedings on president reagan began in 1986. b) money from the exchange was used in covert operations in nicaragua. c) lt. col. oliver north was sentenced to sixteen years in prison for lying to congress. d) it was a major factor in jimmy carter's loss to ronald reagan in the 1980 presidential election.

B) Money from the exchange was used in covert operations in Nicaragua.

Explanation:

The "Iran-Contra" affair was a political scandal that took place during the administration of president Ronald Reagan. The scandal consisted on the sale of arms to Iran, even though the country was under an arms embargo. The money obtained from this sales was used to fund the Contras in Nicaragua. This was the purpose despite the fact that funding of the Contras had already been prohibited by Congress.

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