Which of the Following Statements Is True

question 3

Multiple Choice

Which of the following statements is true?

• A) By 2015, 38 states have passed defense of marriage acts.
• B) By 2015, most states do not permit same-sex marriage.
• C) both a and b
• D) By 2015, most states allow same-sex marriage.
• E) In 2013, the Supreme Court justices upheld the federal Defense of Marriage Act.

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Definitions:

Common Stock

Represents ownership shares in a corporation, granting shareholders voting rights and a share in the company's profits through dividends.

Account Receivable

Money owed to a company for goods or services that have been delivered but not yet paid for by customers.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to another party under specific terms.

Dividends

Payments made by a corporation to its shareholders, usually derived from profits, as a distribution of earnings.