The Senate

question 28

Multiple Choice

The Senate

• A) has the power of "advice and consent" on presidential appointments and treaties.
• B) may impeach federal officials.
• C) originates bills for raising revenues.
• D) provides less opportunity for prestige and media attention than the House.
• E) ended the practice of unlimited debate in 1811.

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Definitions:

Par

The face value of a bond or stock, at which it is issued or can be redeemed before maturity.

Par Value

The nominal or face value of a stock or bond as stated by the issuing company.

Cash Interest Payment

The actual cash paid by a borrower to a lender or bondholder as compensation for the use of borrowed money, usually at set intervals.

Bond Exchange

The process of trading bonds in the financial market, where investors buy and sell debt securities issued by entities like governments and corporations.