The Proposed Equal Rights Amendment (ERA), Passed by Congress in 1972

question 54

Multiple Choice

The proposed Equal Rights Amendment (ERA) , passed by Congress in 1972 and eventually ratified by thirty-five states, stated the following:

• A) "Congress shall pass no law restricting the equal right of privacy in marital relations or reproduction."
• B) "The equal rights of unborn citizens of the United States under the Fourteenth Amendment shall not be abridged."
• C) "Equal access to the courts of the United States and any state shall not be abridged on account of race, gender, or physical handicap."
• D) "Equality of rights under the law shall not be denied or abridged by the United States or any state on the basis of sex."
• E) "Nothing in this Constitution shall be construed by the courts or any state to prohibit the guarantee of equal pay for equal work to women."

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Definitions:

Retained Earnings

The cumulative amount of net income kept in a company after dividends are paid, used for reinvesting in the business or paying down debt.

Stock Split

A corporate action that increases the number of a company's outstanding shares by dividing each share, which typically reduces the price of individual shares without changing the total market value.

Market Value

The current price at which an asset or service can be bought or sold, often used in the context of stocks, real estate, and other investments.

Share Capital

The amount of money raised by a company through the issuance of shares to its shareholders.