How Did the Founders Intend for the President to Be

question 94

Multiple Choice

How did the Founders intend for the president to be selected?

• A) by electors in the Electoral College
• B) by the people directly
• C) by Congress
• D) through a rigorous application process

Understand the aspects and functions of management within a business context.

Recognize the concepts related to finance in business including obtaining and effectively using money.

Differentiate between businesses and nonprofit organizations in terms of goals and functions.

Understand the factors within an organization's control that impact its operation.

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Definitions:

Government Securities

Financial instruments issued by a government to raise funds from investors, promising to pay back with interest, including treasury bonds, bills, and notes considered low-risk investments.

Federal Reserve Board

The governing body of the Federal Reserve System, responsible for overseeing the U.S. central banking system.

Government Securities

Financial instruments issued by a government to raise funds from the public, including bonds and treasury bills, with a promise to pay back with interest.

Securities

Assets that denote a share in the equity of a corporation available on the public market (stock), a lending agreement with a government or corporate body (bond), or ownership claims evidenced by an option.