In Which of the Following Types of Democracies Would It

question 13

Multiple Choice

In which of the following types of democracies would it be easier to change the current constitution?

• A) in a country with an entrenched constitution
• B) in a country with an unentrenched constitution

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Definitions:

Owns

The act of having legal possession or right to an asset or property.

Variable Interest Entity

A variable interest entity is a legal entity in which an investor holds a controlling interest that is not based on the majority of voting rights, leading to complex consolidation rules.

Consolidated Statements

Financial reports that aggregate the financial position and operating results of a parent company and its subsidiaries, showing the financial health and performance of the entire corporate group as a single entity.

Controlling Financial Interest

Refers to the possession of enough voting interest in a company to dictate its financial and operating policies.