If a State Official Wished to Challenge the Constitutionality of a Federal

question 30

Multiple Choice

If a state official wished to challenge the constitutionality of a federal law, which amendment would she or he most likely cite?

• A) Eighth
• B) Tenth
• C) Fourteenth
• D) Fifteenth

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Definitions:

Temporary/Permanent

Categories used to distinguish assets, liabilities, and equity items based on their duration in financial statements; temporary items fluctuate regularly while permanent items typically remain constant over time.

Principal

The original sum of money borrowed in a loan, or the amount of the investment that is actually made.

Total Liabilities

The sum of all debts and financial obligations a company owes to outside parties, including loans, accounts payable, and bonds payable.

Owner's Equity

Indicates the total net worth of a company attributable to the owner or shareholders, reflecting the equity capital and retained earnings.