The ______ Test Is Used If the Classification Involves Either

question 47

Multiple Choice

The ______ test is used if the classification involves either a suspect class or a fundamental constitutional right.

• A) minimum rationality
• B) quasi-strict scrutiny
• C) rational basis
• D) prior restraints
• E) strict scrutiny

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Definitions:

Annual Coupon

The yearly interest payment made to bondholders, typically expressed as a percentage of the bond's face value.

Tax Rate

The slice of income or profits that is claimed by the government from corporations or people in the form of taxes.

Break-even Level

The point at which total costs and total revenue are equal, resulting in no net loss or gain from business operations.

Earnings per Share

The portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's financial health.