A Vote of Cloture Requires Approval by How Many Senators

question 89

Multiple Choice

A vote of cloture requires approval by how many senators?

• A) fifty
• B) fifty-one
• C) sixty
• D) sixty-seven
• E) seventy-five

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Definitions:

Gain Or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price, either positive (gain) or negative (loss).

Trade-In Allowance

The amount a seller allows a buyer for a fixed asset that is traded in for a similar asset.

Book Value

The net value of a company's assets and liabilities as recorded on the balance sheet, often compared to market value.

Fixed Asset

Long-term tangible property owned by a business, intended for use in the production of income and not quickly converted into cash.