Under the Articles of Confederation the Number of Votes for Each

question 4

Multiple Choice

Under the Articles of Confederation the number of votes for each state in the Continental Congress was determined by __________.

• A) the population of the state
• B) a pro-rated formula that took into account population and taxes paid
• C) the method of one vote for each state delegation regardless of population
• D) a system whereby northern states had two votes whereas southern states had one vote
• E) the president

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Definitions:

Treasury Stock

Shares that were once part of the outstanding shares of a company but were subsequently repurchased by the company and are held in its treasury.

Stockholders' Equity

Refers to the owners' residual interest in the assets of a corporation, after deducting liabilities.

Dividend Yield

A financial measurement showcasing the ratio of a company's annual dividend payment to its current stock price.

Payout

Refers to the distribution of financial rewards or dividends to shareholders or the disbursement of funds to satisfy debts or expenses.