The Constitutional Base for the Implied Powers of Congress Is

question 51

Multiple Choice

The Constitutional base for the implied powers of Congress is

• A)the supremacy clause.
• B)the necessary and proper clause.
• C)the due process clause.
• D)Article II.
• E)habeas corpus.

---

Definitions:

Debt Ratio

The debt ratio is a financial ratio that measures the extent of a company’s leverage, indicated by dividing total liabilities by total assets.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventories.

Immediate Liquidity

The ability of a company to quickly convert its assets into cash to meet short-term financial obligations.

Interest Coverage Ratio

A financial metric used to determine how easily a company can pay interest on outstanding debt with its earnings before interest and taxes.