Which of the Following Best Exemplifies Devolution

question 3

Multiple Choice

Which of the following best exemplifies devolution?

• A)New Deal legislation
• B)No Child Left Behind Act-Consider This: The No Child Left Behind Act removed power from the states and increased the role of the national government in regulating public K-12.
• C)welfare policy
• D)Troubled Asset Recovery Program

---

Definitions:

Preferred Stock

Stock that conveys preferences to its holder with respect to assets and dividends.

Subscribers

Individuals or entities that agree to receive and often pay for a service or product regularly.

Unsecured Bond

A type of bond that is not backed by any collateral, making it a riskier investment option compared to secured bonds.

Defective Corporation

A corporation that has not been properly formed due to a failure in fulfilling statutory requirements, yet may still be recognized as a corporation.