The President Can Create Legally Binding Understandings Between the United

question 122

Multiple Choice

The president can create legally binding understandings between the United States and another country without seeking the advice and consent of the Senate by using

• A)a treaty.
• B)an executive agreement.
• C)executive privilege.
• D)an executive order.
• E)the presidential prerogative.

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Definitions:

Issued Capital

The total value of a company's shares that have been sold to shareholders.

Tax Rate

is the percentage at which an individual or corporation is taxed by the government.

Consolidation Entry

An accounting entry made to consolidate the financial statements of a parent company with those of its subsidiaries.

Accrued Interest

Interest that has been earned but not yet received or recorded as income by the end of the accounting period.