In the United States, What Is the Mechanism Used to Ensure

question 2

Multiple Choice

In the United States, what is the mechanism used to ensure that the majority will rule ________________.

• A) voting in elections
• B) lobbying
• C) judicial review
• D) recall
• E) filibuster

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders and is instead reinvested in the company.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the owners' claim on the company's assets.

Financial Statement

A record that details the financial activities and condition of a business, person, or other entity.

Accounts

Financial records of an entity that detail transactions and can be used to prepare financial statements.