In the Brentwood Academy V

question 36

Multiple Choice

In the Brentwood Academy v. Tennessee Secondary School Athletic Association case, the U.S. Supreme Court held that:

• A) state action may be found only if there is such a close nexus between the state and the challenged action that seemingly private behavior may be fairly treated as that of the state itself.
• B) as an express conclusion of law, public school officials do not necessarily act within the scope of their duties when they represent their institutions.
• C) as an express conclusion of law, public school officials act within the scope of their duties when they represent their institutions.
• D) the Association had a majority of private school memberships which prevented the action of the Association from being considered state action.

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, essentially representing the ownership interest held by shareholders.

Increase Assets

Actions or transactions that cause a rise in the total value of a company's assets.

Decrease Assets

A reduction in the value or quantity of the assets owned by a company, which can impact its overall financial health.