When Congress Uses Its Power Under the Commerce Clause, It

question 6

Multiple Choice

When Congress uses its power under the commerce clause, it can expressly state that it wishes to have _____.

• A) judicial review
• B) a dormant commerce clause
• C) exclusive regulatory authority
• D) interstate commerce
• E) absolute police power

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Definitions:

Times Interest Earned

A financial metric indicating how well a company can meet its interest obligations from earnings before interest and taxes.

EBIT

Earnings Before Interest and Taxes; a measure of a firm's profit that includes all expenses except interest and income tax expenses.

Interest Expense

Over a span of time, the monetary burden borne by an entity due to borrowed capital.

Earning Per Share

A company's net profit divided by the number of its outstanding shares, indicating the profitability on a per-share basis.