What Provisions or Requirements Does the U

question 49

Multiple Choice

What provisions or requirements does the U.S. Constitution make concerning the federal bureaucracy?

• A) The bureaucracy must be in tune with the needs of the citizenry.
• B) The bureaucracy must be separate from political parties in order that it should not fall prey to political pressures.
• C) The constitution directly provides for the structure and powers of the bureaucracy.
• D) The bureaucracy must not be allowed to grow larger than the military.
• E) The constitution makes no mention of it.

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Definitions:

Spread

The difference between two prices, yields, or interest rates, commonly used in financial markets to measure the gap between bid and ask prices.

Public Issue

The creation and sale of securities on public markets.

Rights Offer

An invitation to existing shareholders to purchase additional shares in the company at a discounted price, usually to raise capital.

Preemptive Right

The right of existing shareholders to purchase additional shares before the company offers them to the public, to maintain their proportionate ownership.