Under the Constitution, Each Slave Would Count as One Person

question 1

True/False

Under the Constitution, each slave would count as one person for purposes of representation, but as only half a person for taxation.

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Definitions:

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid in a given period, and must be paid out before common shareholders can receive dividends.

Noncumulative Preferred Stock

A type of preferred stock where dividends are not accumulated if they are not declared.

Par Value

The face value of a bond or stock as stated by the issuer, which does not necessarily reflect its market value.