While There Are Multiple Ways to Formally Amend the Constitution

question 15

Multiple Choice

While there are multiple ways to formally amend the Constitution, the most common way has been which of the following?

• A) The people propose new amendments and Congress ratifies them
• B) A national convention proposes new amendments, and state legislatures ratify them.
• C) Congress proposes new amendments, and state legislatures ratify them.
• D) A national convention proposes new amendments, and special state conventions ratify them.
• E) Congress proposes them, and special state conventions ratify them.

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Definitions:

Earnings Per Share

A financial ratio that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Growth Stocks

Shares in companies that are expected to grow at an above-average rate compared to other companies in the market.

Dividends

Money disbursed by a firm to its stock owners, often as a share of profits.

Noncumulative Preferred Stock

Type of preferred stock that does not give the holder the right to claim dividends missed in the past.