The General Welfare Clause of the Constitution Is Important Because

question 41

Multiple Choice

The General Welfare clause of the Constitution is important because it

• A)established the economic welfare programs we have today.
• B)helped to outlaw slavery, by providing for slaves' welfare.
• C)weakened the Constitution, relative to the Articles of Confederation.
• D)could mean almost anything.
• E)provided for the well-being of military officers.

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Definitions:

Net Cash Inflow

The difference between all cash received and all cash spent by a company during a specific period.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents.

Loans Receivable

Financial assets representing money lent by an entity to a third party, for which the lender expects repayment.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.