Examlex
The ratio of fixed assets to long-term liabilities provides a measure of a firm's ability to pay dividends.
States
States are distinct political entities with a defined territory, population, and government, which are part of a larger sovereign country or function independently.
Presume
To accept something as true without proof or before evidence is provided.
Dormant Commerce Clause
A restriction on states’ authority that is implied in the commerce clause of the U.S. Constitution: The power given to Congress to enact legislation that affects interstate commerce in effect prohibits a state from passing legislation that improperly burdens interstate commerce.
Interstate Commerce
Interstate Commerce refers to the buying, selling, or moving of goods, services, or money across state borders, regulated by the federal government.
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