Final answer:
The accurate statement, based on the passage, is that those who oppose the bill argue that Parliament has unlimited authority over all parts of the King's dominions, including America.
Step-by-step explanation:
Based on the passage, the accurate statement is B) Those who oppose the bill argue that Parliament has unlimited authority over all parts of the King's dominions, including America. The passage explains that the colonists objected to taxation because they believed it reduced their status as free men and denied their right to consent to taxation, as enshrined in both Magna Carta and the English Bill of Rights. The British Parliament adhered to the idea of 'virtual' representation, where representatives elected by those who could vote made laws on behalf of those who could not, but the colonists argued that anything except direct representation was a violation of their rights as English subjects.