Which of the Following Statements About the Process of Amending

question 61

Multiple Choice

Which of the following statements about the process of amending the Articles of Confederation is MOST accurate?

• A)The Articles of Confederation could not be amended.
• B)The Articles of Confederation could be amended with a simple majority vote of the Congress.
• C)The Articles of Confederation could be amended with a unanimous vote of the Congress.
• D)The Articles of Confederation could be amended only through a national constitutional convention in which three-fourths of state governors approved of all changes.

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Definitions:

No-Par Common Stock

Shares of common stock issued without a par value, which means they are not assigned a nominal face value.

Treasury Stock

Shares of a company's own stock that it has reacquired and held in the company's treasury.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and typically does not have voting rights but has a fixed dividend.

Common Stock

A type of equity security that represents ownership shares in a corporation, providing voting rights and entitling the holder to a share of the company’s success through dividends and/or capital appreciation.