Over Time,the Supremacy Clause Has Been

question 83

Multiple Choice

Over time,the supremacy clause has been
I.questioned by the Federalists.
II.nullified by state legislative actions.
III.clarified by the Supreme Court.
IV.used to justify expansion of federal power at the expense of the states.

• A)I only
• B)I and IV
• C)IV only
• D)II and III
• E)III and IV

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Definitions:

Insolvent

A financial state in which an individual or entity cannot meet its debt obligations as they come due, or its liabilities exceed its assets.

Debt Payment

The act of paying back the principal and interest on borrowed money, typically according to a predetermined schedule.

Risk

The potential for losing something of value or the possibility of an adverse outcome.

Equity Funds

Investments that are made into companies by purchasing shares, thereby gaining an equity interest in the company.