A Ruling That Established That State Governments Can Place Restrictions

question 19

Multiple Choice

A ruling that established that state governments can place restrictions on municipalities as long as these rules do not violate the state's constitution is called

• A) the 10^th Amendment.
• B) local ordinances.
• C) preemption.
• D) Dillon's Rule.

---

Definitions:

Public Corporations

A corporation that sells shares of stock to the public and is listed on a stock exchange.

Repayment Schedule

A timeline that specifies when and how much a borrower needs to pay back to the lender, often detailing monthly payments and interest rates.

Creditors

Individuals, businesses, or financial institutions that are owed money by a debtor, typically as a result of extending credit or lending funds.

Bankruptcy Filing

The legal process by which individuals or businesses declare their inability to pay their debts, seeking relief through the restructuring of debts or the liquidation of assets.