Which of the Following Is True of the Commerce Clause

question 7

Multiple Choice

Which of the following is true of the Commerce Clause in present times?

• A)It has become a federal power with an extensive regulatory reach.
• B)It no longer blocks state regulations that hinder interstate commerce.
• C)It has been preempted by the federal taxing and spending powers.
• D)It allows Congress to regulate interstate commerce but not intrastate activities affecting it.

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Definitions:

Rental Payments

Regular payments made by a tenant to an owner for the use of the owner's property or land.

Accounting Profit

The total revenue of a firm less its explicit costs; the profit (or net income) that appears on accounting statements and that is reported to the government for tax purposes.

Entrepreneur's Talent

Entrepreneur's talent refers to the unique skills, insights, and abilities that an entrepreneur applies to develop innovative ideas, overcome obstacles, and drive business success.

Annual Revenue

The total amount of money generated by a company from its activities, such as sales or services, before any expenses are subtracted, in one fiscal year.