The Most Important Power of the Speaker and Lieutenant Governor

question 32

Multiple Choice

The most important power of the speaker and lieutenant governor is

• A) their control of the scheduling of third readings.
• B) the appointment of House and Senate committee members.
• C) certifying the vote on bills that pass.
• D) signing bills in the governor's absence.
• E) the appointment of Texas state board and commission members.

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Definitions:

Noncumulative Preferred Stock

A type of preferred stock where dividends are not accumulated if they are not declared.

Par Value

The face value of a bond or stock as stated by the issuer, which does not necessarily reflect its market value.

Preferred Stock

A category of corporate ownership that ranks above common stock in terms of asset claims and earnings, usually providing fixed dividend payouts.