When the Supreme Court Ruled That a State Could Not

question 23

Multiple Choice

When the Supreme Court ruled that a state could not tax the Bank of the United States in McCulloch v.Maryland, it said that when a state law conflicts with a federal law, the state law should be deemed invalid.This exemplifies the application of the:

• A) elastic clause.
• B) establishment clause.
• C) supremacy clause.
• D) full faith and credit clause.

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Definitions:

Achievable

A term describing a goal or target that is realistic and within reach, encouraging practical planning and effort to accomplish.

Expense Forecast

An estimate of future costs incurred by a business or project over a specific period.

Cash Cows

Products or business units that generate significantly more revenue than they consume in resources, often funding other areas of a business.

BCG Matrix

A strategic business tool that uses market growth and market share to categorize business units or products into four quadrants: Stars, Question Marks, Cash Cows, and Dogs.