The Tenth Amendment to the U.S. Constitution

a. reserves to the states all powers not granted to the federal government.
b. reserves to the federal government all powers not granted to the states.
c. requires each state in the union to have its own constitution.
d. does not exist.


a

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Tiana wanted to vacation in Los Carneros and asked Cameron, her neighbor, to look after Amber, her Labrador Retriever. Cameron did not ask for a payment to take care of Amber. Before leaving, Tiana instructed Cameron on how to care for Amber, but Cameron failed to follow these instructions or take care to restrain Amber. While Tiana was in Los Carneros, Amber ran onto the street and got hit by a car. Which of the following statements is true of this situation?

A. A bailment for the sole benefit of Tiana was created, which implies that Cameron is responsible for gross negligence. B. A bailment does not exist because Cameron was not paid to look after Amber. C. A bailment was created, but Cameron had no obligation to care for Amber, since both Tiana and Cameron benefitted from the bailment. D. A bailment for the sole benefit of Cameron was created, which holds Tiana responsible.

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Which of the following best describes market segmentation?

A) differentiating a market offering to create superior customer value B) identifying consumer needs and creating a product to meet those needs C) arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers D) evaluating each market segment's attractiveness and selecting one or more segments to enter E) dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors

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Assume that the risk-free rate remains constant, but the market risk premium declines. Which of the following is most likely to occur?

A. The required return on a stock with beta > 1.0 will increase. B. The return on "the market" will remain constant. C. The return on "the market" will increase. D. The required return on a stock with beta < 1.0 will decline. E. The required return on a stock with beta = 1.0 will not change.

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Eagle Enterprises Inc., has an asset turnover of 1.1, a financial leverage ratio of 1.67, a profit margin of 12% and a dividend payout ratio of 25%. What is the firm's sustainable growth rate?

A) 29.39% B) 14.07% C) 5.51% D) 16.53%

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