What did a town charter granted by a king or lord give a town?
Rights such as holding a market and managing its own affairs✓Correct answer
A written rule book for one craft and its workshops
The same terms as Magna Carta, granted to every town alike
Ownership of all the farmland in the surrounding countryside
Explanation
A charter turned a settlement into a legally distinct community, allowing it to hold a market on fixed days and to run its own courts and finances instead of depending entirely on a lord's officers. The comparison with a single famous English grant fails because charters were local documents whose terms differed from town to town rather than one uniform text applied everywhere.