What Role Do the States Play in the Formal Amendment

question 83

Multiple Choice

What role do the states play in the formal amendment process?

• A) State legislatures have the power to repeal an amendment with a unanimous vote.
• B) State legislatures are the only institutions that are involved in both the proposal and ratification process.
• C) The state legislatures are able to propose an amendment with a simple majority vote.
• D) Since Congress was granted lawmaking authority, state legislatures are responsible for passing amendments.

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Definitions:

Loan Principle

The original sum of money borrowed in a loan agreement, which does not include interest or other charges.

Interest Rate

The fraction of a quantity of money that is required as payment for lending it, often stated on a yearly basis.

Annual Percentage Rate

The annual rate charged for borrowing or earned through an investment, which is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.

Down Payment

A down payment is an initial upfront portion of the total amount due and is usually given in cash at the time of finalizing the transaction.