Compared to the Other Two Branches of the Federal Government

question 27

Multiple Choice

Compared to the other two branches of the federal government, the Constitution grants Congress ________.

• A) far less power in lawmaking
• B) about the same amount of power in lawmaking
• C) substantially more power than the Supreme Court, but less power than the president in lawmaking
• D) near blanket authority to make laws in the national interest
• E) substantially more power than the president, but less power than the Supreme Court in lawmaking

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Definitions:

Trade Receivables

Amounts owed to a business by its customers as a result of the sale of goods or services on credit.

Exchange Notes

Financial instruments or agreements between parties to swap different forms of financial assets, liabilities, or payments agreed upon conditions and terms.

Receivable

An amount of money owed to a business by its customers or clients for goods or services delivered or used but not yet paid for.

Allowance for Doubtful Accounts

A contra-asset account that reduces accounts receivable to its net realizable value, representing estimated uncollectible amounts.