In the Case of Plessy V

question 57

Multiple Choice

In the case of Plessy v. Ferguson (1896) , the Supreme Court ruled that

• A)black people have no rights which whites must respect.
• B)private individuals may segregate because the Fourteenth Amendment only restricts what a state can do.
• C)states may exclude blacks from certain facilities if there are equal ones available.
• D)The Fourteenth Amendment was not designed to guarantee equal protection of the law.

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Definitions:

Normal Balance

The usual balance side (debit or credit) of an account, determined by the type of account, which helps in maintaining the double-entry accounting system.

Temporary/Permanent

Refers to the nature of differences affecting financial reporting; temporary differences resolve over time, whereas permanent differences do not.

Principal Plus

A term indicating the original amount of investment or loan plus any accrued interest or profits.

Accrued Interest

Income from interest that has been accrued but neither received nor documented in the financial records.