The Great Compromise Led to Which of the Following Outcomes

question 47

Multiple Choice

The Great Compromise led to which of the following outcomes?

• A) A bicameral legislature with a House of Representatives and a Senate
• B) The separation of powers among the executive,legislative,and judicial branches
• C) A division of powers between the states and the national government
• D) Interstate and foreign trade controlled by the national government

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Definitions:

Financial Statement

Documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Balance Sheet

An accounting document detailing a firm's resources, debts, and equity held by shareholders, capturing its financial status at a particular instant.

Income Statement

a financial statement that summarizes a company's revenues, expenses, and profits over a specific period of time.

Cash Flows

The aggregate volume of funds moving into and out of a corporation, impacting its ability to cover short-term obligations.