All of the Following Statements Demonstrate the Importance of the Rule

question 130

Multiple Choice

All of the following statements demonstrate the importance of the rule of law in the American political system except which one?

• A) Government cannot detain people without delineating charges and allowing legal counsel.
• B) The government has allowed for a separate system of laws that creates differing standards of treatment based on race, gender, and sexual orientation.
• C) All citizens, as well as government officials, must obey the law; everyone is equal before the law.
• D) Government action must be based on authority granted by the Constitution or legislative bodies.

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Definitions:

Supplies Expense

Supplies expense refers to the cost associated with items consumed or used up in the operation of a business, which are not directly part of the manufactured product.

Income Statement

A financial document that summarizes a company's revenues, expenses, and profits or losses over a specific period.

Prepaid Expense

Expenses paid in advance for goods or services to be received in the future, recorded as an asset on the balance sheet until they are incurred.

Prepaid Insurance

The portion of insurance premiums that have been paid in advance and is recorded as an asset until utilized.