What does preemption of state powers mean?
What will be an ideal response?
The federal government has the exclusive right to regulate all foreign commerce of the United States and all aspects of interstate commerce when there is an essential need for nationwide regulation. Thus, if Congress enacts valid legislation dealing with foreign or interstate commerce and state law conflicts with that legislation, the state law will be unconstitutional. In such cases, the state law is said to be expressly preempted. State legislation may also be preempted when Congress has demonstrated an intent to exclusively regulate an entire regulatory area. Accordingly, pervasive regulation of an activity by the federal government may prevent state regulation through implied preemption.
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Small Business Innovation Research grants are funded by federal agencies, which provide a portion of their R&D funds to small businesses.
Answer the following statement true (T) or false (F)
A department store is an example of a manufacturer
a. True b. False Indicate whether the statement is true or false
Which of the following statements is false with respect to bonds?
a. Firms issue bonds in very large single issues. b. Bonds must be held until maturity by the initial investor. c. The denomination of the bond is usually referred to as the face value. d. Bonds that are not backed by specific collateral of the issuing company are known as debenture bonds.
Which type of strategic market plans are important sources of growth and improving share position?
A) offensive strategic market plans B) defensive strategic market plans C) harvest strategic market plans D) divest strategic market plans E) monetize strategic market plans