An Approach to the Constitution That Uses a Looser Reading

question 10

Multiple Choice

An approach to the Constitution that uses a looser reading of the document is called

• A)the strict constructionist philosophy.
• B)the interpretationist philosophy.
• C)the libertarian philosophy.
• D)the federalist philosophy.

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Definitions:

Management Responsibilities

The duties and obligations that managers have to oversee and guide their organization effectively.

Personal Liability

The legal responsibility of an individual to satisfy debts or obligations from their personal assets.

Joint Stock Company

A partnership agreement in which company members hold transferable shares, whereas all the goods of the company are held in the names of the partners.

Partnership Agreement

A legal document that specifies the rights, responsibilities, and profit and loss distribution among business partners.