If Legislators Want to Create a Law That Will Pass

question 42

Multiple Choice

If legislators want to create a law that will pass strict scrutiny, they must be certain that the law does which of the following?

• A) Be justified by a compelling government interest
• B) Be broadly tailored to meet multiple government interests
• C) Be rationally related to a government interest
• D) Be the most restrictive means to accomplish the goal
• E) Be supported by a large majority of citizens

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's profits or losses.

Investment Accounts

Accounts held at a financial institution that hold investments such as stocks, bonds, mutual funds, and ETFs, often for purposes of earning a return.

Trading Debt Securities

Securities bought and held primarily for sale in the near term to generate income on short-term price differences.

Fair Value

The estimated price at which an asset or liability could be traded in a fair transaction between willing parties.