Which of the Following Statements Is True of the Equal

question 12

Multiple Choice

Which of the following statements is true of the equal protection clause?

• A) It expressly applies to state and local government actions only.
• B) It is designed to make the classification of individuals unlawful per se.
• C) It is designed to prohibit invidious discrimination.
• D) It fails to protect artificial persons such as corporations.

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Definitions:

Residual Income

Operating income that remains after deducting all required costs of capital from net operating profits, often used in performance measurement.

ROI

ROI, or Return on Investment, measures the efficiency or profitability of an investment by dividing the net profit from the investment by the initial cost of the investment, typically expressed as a percentage.

Residual Income

The income that an entity generates after accounting for all operational and capital expenses, often used to assess the profitability of investment centers within a business.

Return on Investment

A measure of the profitability of an investment, calculated as the ratio of net profits to the initial cost of the investment.