In the Senate, How Many Votes Are Necessary to Invoke

question 56

Multiple Choice

In the Senate, how many votes are necessary to invoke cloture and end debate on a bill?

• A) A simple majority
• B) 67
• C) 75
• D) 50
• E) 60

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Definitions:

Par Preferred Stock

A type of preferred stock that has a nominal face value and is entitled to dividends before any dividends can be issued to common stockholders.

Retained Earnings

Profits that a company has kept or retained rather than distributing to shareholders as dividends.

Net Income

The net income of a business once all costs, taxes, and expenses are deducted from its total revenue.

Dividend

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.