When Alexander Hamilton Argued That Congress Had the Constitutional Authority

question 80

Multiple Choice

When Alexander Hamilton argued that Congress had the constitutional authority to establish a national bank, what was the basis of his assertion?

• A) Article 1, section 8 of the Constitution explicitly states that Congress has the authority to regulate banks.
• B) The Ninth Amendment to the Constitution states any powers not contained in the Constitution are reserved to Congress.
• C) The Constitution gives Congress the authority to do whatever is "necessary and proper" to perform its duties.
• D) Article 2, section 3 of the Constitution allows the president as the chief executive of the country to establish any institution he sees fit.
• E) The Tenth Amendment states that Congress can assume powers if those powers are implied in the Constitution.

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Definitions:

Electrical Appliances

Devices operated by electricity that are used for household functions such as cooking, cleaning, or personal care.

New Regulations

Recently implemented rules or laws designed to control or govern conduct, usually within a specific activity or industry.

Appliance Producers

companies engaged in the manufacture of electrical or mechanical devices designed for household use.

Crony Capitalism

A type of economic system where business success is heavily influenced by close relationships between business owners and government officials.