The US Constitution Requires Every State to Have a Legislature That

question 164

True/False

The U.S. Constitution requires every state to have a legislature that has two parts, a house and a senate (or some bodies with similar structure).

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Definitions:

Simple Interest

A method of calculating interest where the interest charge is based on the original principal only, not on the accumulated interest.

Maturity Value

The amount payable to an investor at the end of a security's term or life, which typically includes the principal plus interest.

Principal

The original sum of money borrowed in a loan or the initial amount of money invested, excluding any interest or gains.

Simple Interest

A method of calculating interest whereby it is applied only to the principal amount, not including any previously earned interest.