Perhaps the Most Radical Feature of the New State Constitutions

question 38

Multiple Choice

Perhaps the most radical feature of the new state constitutions was the fact that they

• A)established a legal framework that would secure individual rights.
• B)determined who had access to wealth and power.
• C)were written down in the first place.
• D)were the basis for constitutional thinking on a national level.

---

Definitions:

Merchandise Inventories

Goods that a company holds for the purpose of sale in the ordinary course of business, including finished products, work in progress, and raw materials.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor expenses.

Monthly Expenses

Recurring costs or outlays that occur every month, such as rent, utilities, payroll, and other operational charges.

Master Budget

A comprehensive financial plan that includes both operational and financial budgets, representing a company’s overall plan of action for a future period.