The __________ and __________ Amendments Respectively Prohibit the Federal and State

question 27

Multiple Choice

The __________ and __________ Amendments respectively prohibit the federal and state governments from depriving any person of life, liberty, or property without due process of law.

• A) First and Tenth
• B) Fifth and Fourteenth
• C) Fourth and Fourteenth
• D) Fourteenth and Fifth

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Definitions:

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the owners' claim on the business assets.

Withdrawals

Funds taken out from a business by its owner(s) for personal use, which reduce the capital accounts in the company’s equity section.

Revenue

The global earnings a company obtains from its key operational trades, especially in goods or services sales.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.