The ________ Clause in the Constitution Collectively Prohibits States from Enacting

question 63

Multiple Choice

The ________ Clause in the Constitution collectively prohibits states from enacting laws that unduly discriminate in favor of their residents.

• A) Due Process
• B) Equal Protection
• C) Establishment
• D) Privileges and Immunities

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use, reducing its book value on the balance sheet.

Loss on Disposal

An accounting term referring to the loss incurred when a fixed asset is sold or disposed of for less than its carrying amount on the books.

No Gain

Refers to a situation in financial or business transactions where there is no profit or increase in value.