Which of the Following Is NOT One of the Checks

question 70

Multiple Choice

Which of the following is NOT one of the checks and balances?

• A)Congress approves presidential nominations and controls the budget.
• B)The president nominates judges and enforces judicial decisions.
• C)The court can declare presidential actions unconstitutional.
• D)The Senate confirms the president's nominations.
• E)Congress vetoes presidential actions.

---

Definitions:

Efficient Market Hypothesis

A theory suggesting that at any given time, securities prices reflect all available information, meaning it's impossible to consistently achieve higher returns.

Superior Returns

Returns that exceed the performance of a benchmark index or the average returns of a particular investment category.

Neglected-firm Effect

A theory suggesting that lesser-known, smaller companies can provide higher returns than their larger counterparts due to lack of analyst coverage.

Excess Returns

Returns on an investment that exceed a benchmark or average return, indicating higher-than-expected performance.