Who Had Executive Power Under the Articles of Confederation

question 26

Multiple Choice

Who had executive power under the Articles of Confederation?

• A) a president
• B) the legislature
• C) a tribunal of executives
• D) the court system
• E) the army

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Definitions:

Common Stock Dividend Distributable

The amount of dividends declared by a company but not yet paid to common stockholders.

Equity Account

An account representing the owner's interest or stake in a company.

Corporation

A legal entity formed by individuals, stockholders, or shareholders, with its own rights and liabilities separate from those of its members.

Promoters

Individuals or companies that are involved in the planning and establishment of a company, or those who actively support or recommend something.