If One Group Took Power and Established an Official State

question 27

Multiple Choice

If one group took power and established an official state religion,James Madison would describe the situation as:

• A) part of the "brutish state of nature"
• B) a stage in the evolution of government
• C) unfortunate, but acceptable, if the majority of people desired this
• D) the inevitable result of human nature, which government is powerless to control
• E) an example of the tyranny of a faction imposing its will on the rest of the nation

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Definitions:

Convertible Bond

A type of bond that can be converted into a predetermined amount of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a predetermined price within a specific timeframe.

Warrants

Warrants are financial instruments that give the holder the right, but not the obligation, to buy a company's stock at a predetermined price before a specified expiration date.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a stock at a specified price within a given time period.