The Term Checks and Balances Refers to the System Under

question 71

Multiple Choice

The term checks and balances refers to the system under which

• A)a state must refrain from imposing unreasonable burdens on citizens of another state.
• B)the powers of government are divided among its branches, each of which exercises a check on the actions of the others.
• C)any judicial decision with respect to property rights in one state will be honored and enforced in all states.
• D)the national government regulates interstate commerce.

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Definitions:

Earnings Per Share

A financial metric that measures the amount of net income earned per share of stock outstanding.

Excess Cash

Funds that exceed the normal operational needs of a business, which may be used for investment or other purposes.

Earnings Per Share

A financial metric that calculates the portion of a company's profit allocated to each outstanding share of common stock, indicating the company's profitability.