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What proportion of states must approve an amendment to the U.S. Constitution proposed by Congress for that amendment to be ratified?
Corporation
A legal entity that is separate and distinct from its owners, with the ability to own property, incur liabilities, and conduct business activities.
Capital Budgeting
The process of evaluating and selecting long-term investments that are in line with the goal of a firm's shareholders' wealth maximization.
Long-Term Investments
Assets intended to be held for more than one year, including stocks, bonds, real estate, and other financial instruments.
Financial Markets
Platforms or systems where buyers and sellers engage in the trading of financial assets such as stocks, bonds, currencies, and derivatives.
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