Which of the Following Was a Characteristic of the Federal

question 42

Multiple Choice

Which of the following was a characteristic of the federal government under the Articles of Confederation?

• A) Congress was a two-chambered body, with a House of Delegates and a Council.
• B) Congress could not levy taxes or regulate commerce.
• C) Congress could amend the Articles by a two-thirds vote.
• D) There were two branches of government-judicial and legislative-but no executive.
• E) The more populous a state, the more votes it cast in Congress.

---

Definitions:

Potential Investors

Individuals or entities that may consider investing capital into a business, project, or security.

Tranches

Tranches are divisions or portions of debt or securities designed to divide risk or group characteristics in a way that is appealing to different investors.

CDO Cash Flows

Refers to the cash flows associated with Collateralized Debt Obligations, a type of structured asset-backed security segmented by different risk levels.

Higher-risk Tranches

Segments of a debt instrument (like a mortgage-backed security) that have a greater risk of default but offer higher returns to compensate.