To Secure Passage of the Underwood Tariff Bill, President Woodrow

question 132

Multiple Choice

To secure passage of the Underwood Tariff Bill, President Woodrow Wilson broke new ground by

• A) enlisting organized business groups to lobby for its passage.
• B) personally presenting his case to Congress and arousing public opinion.
• C) writing a book showing that high tariffs were harming the American economy.
• D) stirring up western and southern regional hostility against the high-tariff East.
• E) All of these choices are correct.

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Definitions:

Corporate Treasury

The division within a corporation that manages the company's finances, including cash flow, investments, and risk.

Cumulative Voting

A voting system commonly used in corporate elections that allows shareholders to concentrate their votes on a single candidate, as opposed to distributing them among multiple candidates.

Straight Voting

A voting system where shareholders must vote for directors individually, with each shareholder's vote proportional to their shareholding.

MBCA

The Model Business Corporation Act (MBCA) provides a template for states in the United States to use in drafting their corporate statutes, aiming to harmonize the law of corporations across states.