According to the Supremacy Clause, Found in Article VI of the U.S

question 45

Multiple Choice

According to the supremacy clause, found in Article VI of the U.S. Constitution,

• A) in a conflict between federal and state laws, federal laws take precedence and will override state laws.
• B) in the federal system established by the Constitution, the true source of sovereignty is Congress.
• C) federal laws will be supreme in the national sphere, and state laws will be supreme in local affairs.
• D) as a sovereign institution, the state government only needs to obey the limits that it establishes for itself.

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Definitions:

Bonds Payable

Long-term liabilities representing amounts owed by a company from issuing bonds, which are required to be repaid at a future date.