Which One of the Following Is a Limit on a President's

question 67

Multiple Choice

Which one of the following is a limit on a president's ability to issue executive orders?

• A) Congress can pass a law changing policy.
• B) Congress can hold a special session to review the order and delay it from taking effect.
• C) Executive orders expire at the end of the year and must be reissued continuously to remain in effect.
• D) Executive orders are always subject to review by the Supreme Court before taking effect.

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Definitions:

Bond Indenture

A legal document specifying the terms and conditions under which a bond is issued, including the interest rate, maturity date, and other covenants.

Stated Interest Rate

The annual interest rate declared on a financial instrument, such as a loan or bond, not taking into account compounding or fees.

Market Interest Rate

The prevailing rate of interest available in the market, influencing the rates charged on loans and paid on deposits.

Face Value

The face value or monetary amount displayed on a bond, note, or any financial document, indicating the total due upon its maturity.