Which Constitutional Provision Declares the Federal Constitution to Be the "Supreme

question 53

Multiple Choice

Which constitutional provision declares the federal constitution to be the "supreme law of the land?"

• A) supremacy clause
• B) free exercise clause
• C) elastic clause
• D) sanity clause
• E) due process clause

---

Definitions:

Financial Break-Even

The point at which total revenues are equal to total financial costs, resulting in zero net income or loss.

Salvage Value

The estimated resale value of an asset at the end of its useful life.

Initial Investment

Initial investment refers to the amount of money initially invested in a project, asset, or company, which can influence subsequent cash flows and profitability.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the fixed versus variable costs structure of a company.