Whether Express Preemption Exists Depends on Congressional Intent

question 8

True/False

Whether express preemption exists depends on congressional intent.

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Definitions:

Dual Federalism

A political arrangement in which state and federal governments are seen as co-equal sovereigns with separate and distinct areas of jurisdiction, often referred to as "layer-cake" federalism.

Maturity Risk

is the risk associated with the time until a financial instrument reaches its maturity, affecting interest rate exposure and investment valuation.

Time To Maturity

The duration remaining until the final payment date of a financial instrument, such as a bond, at which point the principal is supposed to be paid back to investors.