Which of the Following Statements Is Correct Regarding the Fiscal

question 36

Multiple Choice

Which of the following statements is correct regarding the fiscal situation of the state governments in the South?

• A)Due to massive monetary aid from the federal government,budget deficits were avoided.
• B)Tax revenues increased as more poor whites and blacks became landowners.
• C)Wealthy planters became increasingly unhappy with Reconstruction governments as their tax burdens increased.
• D)None of these answers is correct.

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Definitions:

Involuntary Dissolution

The forced dissolution of a corporation or partnership by court order, usually initiated by a shareholder or creditor.

Charter Amendments

Changes made to the charter of a corporation, oftentimes requiring approval from a governing body or the shareholders.

Plurality

A situation in elections where the candidate or party receives more votes than any other but does not achieve an absolute majority.

Quorum

The lowest number of participants that must attend a meeting to officially carry out business activities.