Although the Fourteenth Amendment Reads as If Its Authors Meant

question 43

Multiple Choice

Although the Fourteenth Amendment reads as if its authors meant to extend the entire Bill of Rights to the states, the Supreme Court:

• A) immediately ruled that the entire Bill of Rights should not be extended to the states.
• B) soon ruled that it only applied to eminent domain cases, ones involving the public taking of property from private citizens.
• C) saw the Fifth Amendment's due process clause as more important.
• D) did not extend most of the Bill of Rights to states until nearly a century after the amendment's ratification.

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Definitions:

Residual Dividend Policy

A corporate approach to dividends where the amount distributed is based on profits remaining after all operational and expansion expenses are covered.

Common Stock

A type of equity security that represents ownership in a corporation, entitling the holder to vote at shareholder meetings and to receive dividends.

Dividend Payout Ratio

A financial ratio that shows the percentage of a company's earnings paid out as dividends to shareholders.

Dividend Reinvestment Plans

Programs offered by corporations allowing investors to automatically reinvest dividends paid out by the stock into additional shares, potentially increasing their holdings over time.