Jefferson's Arguments Against the Constitutionality of a Bank of the United

question 41

Multiple Choice

Jefferson's arguments against the constitutionality of a Bank of the United States were based on the "strict construction" principles especially embodied in

• A) the Articles of Confederation.
• B) the "necessary and proper" clause of the Constitution.
• C) the Virginia and Kentucky Resolutions.
• D) the Tenth Amendment in the Bill of Rights.
• E) the restrictions on Congress's powers in Article II, Section 9 of the Constitution.

Understand the political factions and parties of the Gilded Age, their policies, and their impacts on society.

Describe the economic consequences of policies such as the discovery of silver mines, tariff and tax systems, and legislation like the Bland-Allison Act and the Sherman Silver Purchase Act.

Analyze the motivations behind and the effects of the coinage of silver.

Recognize important legislation of the period, such as the Pendleton Civil Service Act, the Interstate Commerce Act, and civil rights legislation, and understand their objectives and impacts.

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Definitions:

Cram Down

When the court forces dissenting creditors whose claims would be impaired by a proposed plan to accept the plan when the court can find that it is fair and equitable to the class of creditors whose claims are impaired.

Reorganization Plan

A document detailing the process of reconfiguring a company's structure and operations, typically as part of bankruptcy proceedings.

Chapter 11

A provision under the U.S. Bankruptcy Code that allows for reorganization under the bankruptcy laws of the United States.

Reorganizations

A process designed to revive a financially troubled or bankrupt company.