Identify a True Statement About the Ratification of a Treaty

question 36

Multiple Choice

Identify a true statement about the ratification of a treaty.​ 

• A) A treaty can only be negotiated and signed by Congress. 
• B) A treaty can only be approved by the president of the United States. 
• C) A treaty is effective only with hundred percent votes from the president's political party. 
• D) A treaty needs to be approved by a fifty percent vote of the Senate. 
• E) A treaty becomes a law when it is approved by the Senate and signed by the president.

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Definitions:

Special Purpose Vehicle

A subsidiary company created to isolate financial risk, often utilized in securing assets and securitization transactions.

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of shares of the corporation's stock at the bondholder's option.

Call Provision

A feature in certain contracts allowing the issuer the right to redeem or pay off the contract before its maturity date, usually bonds.

Convertible Bonds

Convertible bonds are a type of bond that can be converted into a predetermined number of the issuer's equity shares at certain times during its life, usually at the discretion of the bondholder.