Examlex

Solved

If a New Constitutional Convention Was Called Today (As Allowed

question 82

Short Answer

If a new Constitutional Convention was called today (as allowed in Article V), do you think today's elites would keep the same structure of government?


Definitions:

General Partnership

A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a jointly-owned business.

Corporation

A legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations can enter contracts, sue and be sued, and pay taxes apart from their owners.

Secondary Market

The marketplace where investors buy and sell securities they already own, as opposed to the primary market where securities are first issued.

Private Placement

The sale of securities directly to institutional investors or individuals, bypassing the public markets.

Related Questions