Which Proposal Made to the Constitutional Convention Resolved the Conflict

question 23

Multiple Choice

Which proposal made to the Constitutional Convention resolved the conflict between supporters of greater national power and advocates of greater state sovereignty?

• A) Virginia Plan
• B) New Jersey Plan
• C) Connecticut Compromise
• D) Three-fifths Compromise
• E) Kentucky and Virginia Resolutions

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and often pays dividends.

Cumulative

Refers to the total amount accumulated over a period of time, often used to describe amounts of money or measurements that build up until a specific point is reached.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which may differ from its market value.

Corporate Creditors

Entities or individuals that a company owes money to because of previous transactions or agreements involving goods, services, or loans.