The Text Suggests the War Powers Act Is "Politically" All

question 36

Multiple Choice

The text suggests the War Powers Act is "politically" all but "impossible to use" because

• A) Congress often lacks the will to oppose the president.
• B) the president can bypass Congress in order to fund military operations.
• C) most presidents can accomplish all of their goals before reporting deadlines.
• D) the Supreme Court has struck down the legislative veto.
• E) members of the Senate are usually "doves."

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Definitions:

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital (debt, equity) is proportionately weighted.

Capital Component

Individual sources of funding that make up a company's capital structure, including debt and equity.

Accounts Payable

Accounts Payable is the account showing the amount a company owes to suppliers or vendors for goods or services purchased on credit.

Target Capital Structure

The optimal mix of debt, equity, and other financing sources that a company aims to maintain to fund its operations and growth.