Under the New Constitution, Congress Was Not Granted General Legislative

question 56

Multiple Choice

Under the new Constitution, Congress was not granted general legislative power, but rather, __________ powers, that is, an explicit list of powers in which it could engage.

• A) absolute
• B) enumerated
• C) inherent
• D) implied
• E) necessary

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Definitions:

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business.

Installment Sales

A sales method allowing customers to make payments over a period of time until the full price is paid.

Gross Profit

A company's total revenue minus its cost of goods sold, indicating the basic profitability of its products or services.

Interest Payments

the regular payments made by a borrower to a lender, typically a percentage of the outstanding debt, as compensation for the loan or credit provided.