Which of the Following Is NOT a Limit on the Power

question 24

Multiple Choice

Which of the following is NOT a limit on the power of the Brazilian presidency?

• A) Although the president is able to issue provisional measures, these are limited for sixty days, after which time, Congress must pass, reject, or allow the provisional legislation to continue.
• B) Although the president can initiate legislation, Congress can amend these proposals.
• C) Congress has the right to be consulted on executive appointments.
• D) Congress has oversight powers concerning economic policy.
• E) All of the president's appointments must be ratified by the Senate.

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Definitions:

Treasury Stock

Shares that were issued and later reacquired by the issuing company, reducing shareholders' equity and outstanding shares.

Cash Dividend

A payment made by a company out of its earnings to shareholders, distributing profits in the form of cash.

Journal Entries

The method by which financial transactions are recorded in an accounting system, typically involving a debit to one or more accounts and a credit to another in equal amounts.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.