The US Federal Government Has a Provision in the Constitution That

question 55

True/False

The U.S. Federal government has a provision in the Constitution that precludes deficit spending.

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Definitions:

Void

A term describing a contract or legal agreement that is null, having no legal force or effect from the beginning.

Minor

A person under the age of legal majority, typically 18 years in most jurisdictions, who has certain restrictions on their legal capacities and responsibilities.

Voidable

Describes a contract or agreement that can be legally declared invalid but remains enforceable until an action is taken to void it.

Unlicensed Party

An individual or entity operating without the required legal permission or certification for certain activities or services.