Which of the Following Is Not Protected Under the Privileges

question 37

Multiple Choice

Which of the following is not protected under the privileges and immunities clause?

• A) right to go to another state and make a contract
• B) right to go to another state and vote in local elections
• C) right to go to another state and purchase property
• D) right to go to another state and open a business

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Definitions:

Fair Market Value

The price that a willing buyer and a willing seller would agree on for an asset in an open and competitive market.

Book Value

Book Value is the net value of a company's assets minus its liabilities, as recorded on the balance sheet.

Memorandum Entry

An accounting entry that is made in the records but does not affect the financial statements.

Tangible

Physical and material assets that can be seen and touched, such as machinery, buildings, and equipment.