The "Dormant" Aspect of the Commerce Clause

question 45

Multiple Choice

The "dormant" aspect of the Commerce Clause

• A)is also known as the "negative" aspect.
• B)means that there are many unused powers still available to the government to regulate trade between the states.
• C)guarantees that Congress has the power to regulate trade with foreign countries that have not yet developed trade practices with the United States.
• D)guarantees that the states have the power, even if unused, to impose regulations affecting interstate commerce.

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Definitions:

Merchandise Purchases

The total cost of goods bought for resale during an accounting period. This includes both cash and credit purchases.

Periodic Inventory System

An inventory accounting method where updates to inventory levels are made at specific intervals, not continuously.

Ending Inventory

The value of the goods still available for sale by a company at the end of an accounting period.

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company for reinvestment.