What Did Nixon's New Federalism Do

question 73

Multiple Choice

What did Nixon's New Federalism do?

• A) It abolished international trade.
• B) It provided itemized budgets to states so that no federal money would be misspent.
• C) It offered federal "block grants" to states to spend as they saw fit.
• D) It attempted to reorganize the national banking system.
• E) It put more checkpoints into place to ensure that the right people were benefiting from welfare.

Identify the implications of state and international taxation on corporations.

Understand the concept of piercing the corporate veil and its consequences.

Recognize the role and responsibilities of boards of directors and the implications of shareholder decisions.

Analyze the legal criteria for a foreign corporation's presence and business operations in another jurisdiction.

---

Definitions:

Authoritative

A child-rearing style in which parents are restrictive and demanding, yet communicative and warm.

Power-assertive

A disciplinary strategy used by parents involving the use of authority, threats, or physical force to enforce child compliance.

Spare The Rod

A saying derived from Proverbs 13:24, often interpreted as advocating for or against physical discipline in child-rearing.

High On Control

Describes individuals or situations where there is a significant emphasis on maintaining control or authority.