The Elastic Clause in Article I of the Constitution Created

question 43

Multiple Choice

The elastic clause in Article I of the Constitution created a situation in which Congress:

• A) took a lead role in the early American constitutional system.
• B) was limited in its powers.
• C) had legislative power separated between two houses.
• D) had a small set of specific powers that guided its actions in early America.
• E) is no longer relevant in the policy-making process.

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Definitions:

Property, Plant, and Equipment

Tangible assets used in the operation of a business, expected to provide benefits for more than one period, such as buildings and machinery.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, resulting in net profit or loss.

Balance Sheet

A financial summary showing a company's assets, liabilities, and equity from shareholders at a designated time.

Prepared

The state of being ready for a specific event, action, or process, often involving prior planning or setup.