Of the Questions Raised at the Constitutional Convention About the Establishment

question 53

Multiple Choice

Of the questions raised at the Constitutional Convention about the establishment of a national legislature, which was the most difficult to resolve?

• A) Should a limit be placed on the number of terms that members of the Senate may serve?
• B) Should the states have proportional representation or equal representation in the Senate?
• C) Should the government have a bicameral legislature?
• D) Should a branch of the legislature be elected directly by the people?

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Definitions:

Indirect Method

A way of calculating cash flows in the cash flow statement where net income is adjusted for changes in balance sheet items to calculate operating cash flows.

Statement Of Cash Flows

A financial document that presents the effects of changes in income and balance sheet items on cash and cash equivalents, categorized into the areas of operating, investing, and finance.

Cash Dividends

These are payments made by a corporation to its shareholders, usually as a distribution of profits.

Cash Dividends Payable

Cash dividends payable are dividends that a company has declared to distribute to its shareholders but has not yet paid out.