Which Best Describes the Difference Between Total Preemption and Partial

question 44

Multiple Choice

Which best describes the difference between total preemption and partial preemption?

• A)In partial preemption,state regulatory standards need to be as least as stringent as those of the federal government.
• B)In partial preemption,states can determine which regulatory standards need to match that of the federal government.
• C)In partial preemption,state law in a particular field is valid as long as it does not conflict with federal law.
• D)In partial preemption,state law in a particular field is valid even if the federal government has all regulatory powers in the field.

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Definitions:

Common Stock Dividends Distributable

A liability account representing the amount of dividends declared by a corporation on common stock that have not yet been paid to stockholders.

Paid-in Capital

The total amount of money and other assets that shareholders have given a company in exchange for shares of stock.

Stockholders' Equity Section

The portion of the balance sheet that represents the ownership interest of shareholders in a company.

Date of Record

The specific date on which a company determines the eligible shareholders for receiving dividends or other corporate distributions.