The Takings Clause of the Fifth Amendment to the U

question 28

Multiple Choice

The takings clause of the Fifth Amendment to the U.S.Constitution states that _______________

• A)state entities can take private property for less than market value
• B)the government can cause environmental damage without compensation
• C)private citizens can take value from public land by mining,timbering,or similar activities
• D)private property shall not be taken for public use without just compensation
• E)natural resources cannot be taken without payment

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Definitions:

GIC

A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period.

Monthly Interest

Monthly interest is the amount of interest earned or paid on an investment or loan calculated and paid on a monthly basis.

Regular-interest

The standard or typical interest rate applied to savings or investment accounts, calculated over a set period.

Invested

The method of placing financial resources in expectation of yield or profit.