The Debate Over Preemption Between Local Self-Governance and Control by the State

question 47

Multiple Choice

The debate over preemption between local self-governance and control by the state government echoes which of the following:

• A) debates between the state governments and the federal government about which level of government should make governing decisions
• B) debates between the counties and the cities about who is responsible for road maintenance
• C) debates between home-rule cities and general-law cities about property rates and school funding
• D) debates between home-rule cities and unincorporated areas about annexation policies

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Definitions:

Company Cost

Expenses incurred by a business in the process of producing goods or services, including operational, production, and capital costs.

Capital

Financial assets or the financial value of assets, such as cash and goods, used to fund the production of goods and services or to pay for investments.

Outstanding Debt

The total amount of debt that a company or individual owes that has not yet been paid.

Nondiversifiable Risk

A type of risk inherent to the entire market or market segment that cannot be eliminated through diversification.