Constitutions Are Binding and Are Themselves Not Meant to Be

question 34

True/False

Constitutions are binding and are themselves not meant to be changed

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Definitions:

Legal Obligation to Indemnify

A requirement by law for one party to compensate another for losses or damages that have been incurred.

Co-owners

Individuals or entities who jointly own an asset or property, sharing the rights and responsibilities associated with ownership.

Business for Profit

An enterprise or entity engaged in commercial, industrial, or professional activities with the aim of generating financial returns for its owners or shareholders.

Fiduciary Duty

A legal obligation of one party to act solely in the interest of another party, such as a trustee to a beneficiary or a corporate board member to shareholders.