​Which of These Statements Is True Regarding the Funding of Education

question 50

Multiple Choice

​Which of these statements is true regarding the funding of education?

• A)​It is the largest single expenditure of state government.
• B)​Ninety percent of education funding comes from state and local governments.
• C)​Local school districts in Texas provide the largest portion of education funds.
• D)​The No Child Left Behind Act, passed by the federal government, has changed public education dramatically,but it has not been accompanied by enough funding to accomplish its goals.
• E)​All of these statements are true.

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Definitions:

Equitable Assignment

An assignment that could be enforced if all parties could be brought before the court.

Constructive Trust

An equitable remedy that imposes a trust-like obligation on someone who has wrongfully obtained or holds legal property rights.

Full Release

A legal agreement in which one party permanently relinquishes all claims against another.

Novation

The process of replacing one obligation with another by mutual agreement.