The Amendment Process for the Constitution Is Set Out in Article

question 25

Multiple Choice

The amendment process for the Constitution is set out in Article V and creates a

• A)two-stage process of proposal and ratification.
• B)fairly easy procedure for changing the document.
• C)single-stage process utilizing conventions or Congress.
• D)process by which the states, Congress, the executive branch, and a majority of voters must agree on changes to the document.
• E)process of congressional approval and presidential signing into law.

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Definitions:

Liquidating Dividend

A liquidating dividend is a type of payment made by a corporation to its shareholders during the partial or full liquidation, distributing the assets among shareholders.

Cash Dividend

A payment made by a company to its shareholders, often as a distribution of profits.

Common Stock Dividends Distributable

A portion of earnings allocated by a company to be distributed to holders of its common stock, recognized as a liability until paid out.

Paid-in Capital

Equity capital that is contributed to a corporation by its shareholders, in addition to the prescribed par value, representing funds received from investors.