1. The document outlines President Woodrow Wilson's 14 Points, which proposed terms for ending World War 1 including territorial adjustments, reparations, and the creation of a League of Nations to maintain peace. 2. The Treaty of Versailles imposed significant requirements on Germany, including territorial losses, demilitarization, reparations payments, and a clause assigning full blame for the war to Germany. 3. The treaty redrew borders in Europe, limited Germany's military, and established the League of Nations but excluded Germany and Austria from participation.