While the Commerce Clause Restricts What States May Do as to Imports,it

question 50

True/False

While the Commerce Clause restricts what states may do as to imports,it places no restrictions on state actions as to exports.

---

Definitions:

Precautionary Demand

The desire to hold cash or assets as a buffer against future financial uncertainties.

Emergency Needs

Financial requirements that arise unexpectedly and require immediate attention, often relating to health, home repairs, or urgent personal matters.

Chattel Mortgage

A loan arrangement in which personal movable property is used as security for the loan, and the lender holds a mortgage over the chattel.

Trust Receipts

Documents that acknowledge the receipt of goods that are held in trust for the lender until the loan associated with the goods is paid.