The Original Intent of the Supremacy Clause Was to Ensure

question 21

Multiple Choice

The original intent of the supremacy clause was to ensure which of the following?

• A) The national government would prevail over states when both governments were acting in a constitutionally correct manner.
• B) The state governments would prevail over the traditional areas of state concern such as crime and education.
• C) The Supreme Court had the final say on what is or is not constitutionally permitted.
• D) The President was the supreme commander of the military.

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Definitions:

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the total market value remains the same.

Market Price

The rate currently set for the trade of assets or services in the marketplace.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.