Which Clause Provides That the Constitution, Laws, and Treaties of the United

question 65

Multiple Choice

Which clause provides that the Constitution, laws, and treaties of the United States constitute the supreme law of the land?

• A) The First Amendment, clause three
• B) The Supremacy Clause
• C) The Commerce Clause
• D) The Eighth Amendment, clause one
• E) The Federalism Clause

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Definitions:

Capital Structure

The mix of debt and equity that a company uses to finance its operations and growth.

Unlevered Cost

The cost of an investment that does not include the impact of borrowing; essentially the expense borne without considering the effect of leverage.

Targeted Cost

The desired or estimated cost of a product or project, set in order to achieve competitiveness and profitability objectives.

Debt-Equity Ratio

An indicator showing the relative mix of equity and debt financing employed by a company for its assets.