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US Constitution

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Ora Nader

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โˆ™ 2021-11-04 18:34:23
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Cards in this guide (22)
What is the Gold Standard

The basing of a currency on gold. In some sense in such a system, gold IS the currency and money is a symbol for a corresponding amount of gold, backed by the issuer - i.e. the bank promises that by some means you are always able to exchange X of its currency for Y gold, and vice versa.

No country still uses the gold standard - modern currencies are free floating with their value determined by local markets and exchange rates with other currencies.

Even so, national governments still usually carry large gold reserves as a holdover from the time when they needed them as a physical guarantee. Gold has remained valuable over thousands of years so it can always be sold as needed for any currency (including its own) that a country might need, or bought to safely store wealth.

A currency system in which each dollar is worth 1/20 of an ounce of gold (gradpoint)

What is a stock portfolio

A stock portfolio is all the stocks that you own. I would venture to say that if you had one stock in any company, you would have one stock in your portfolio. If you had 5 different stocks, you would have a total of 5 stocks in your portfolio.

What did the US Supreme Court rule in Furman v Georgia

In Furman vs. Georgia the court ruled that all existing death penalty laws violated the constitution.

What bank did Hamilton support

First bank of the united states. He was the first Secretary of the Treasury.

What is Bradex

Bradex is the name of any plate sold on the secondary market. The secondary market is the trading, purchasing and selling of plates recently sold on the primary market by The Bradford Exchange.

Which of these are issued by corporations and us government

bonds

What is the purpose of social security taxes

Old age survivors and disability insurance (oasdi) social security benefits and medicare insurance .

What can someone use to pay with money from his bank account

A check, a debit card, or an automatic (electronic) payment authorization.

What is the option to sell shares of stock at a specified time in the future called

It's actually called a call option. I will provide you with a definition I just found for this, and some additional tips on options trading.

- - - - -

The option to sell shares is a put. The option to buy them is a call.

What amendment ended slavery and involuntary servitude

the 13th Amendment

What is money that has value because the government has established it as acceptable for payment of debts

representive money.

What right guarantees the freedom to make a request of the government

The right to petition is the right which guarantees the freedom to make a request of the government.

Will 1 percent be put on all bank deposits and withdrawals

Not at any bank I'd bank at it won't.

Which form of currency is the most durable portable

rice

What does default refer to

the failure to pay back a loan

Which constitutional amendment introduced the right of due process

The 5th Amendment

What is the simple interest of a loan for 1000 with 5 percent interest after 3 years

$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.

Can money donated to charity be claimed on a tax deduction sheet in the US

It depends which state, what charity, time of the year, and the purpose of the charity. Most often charity money can be claimed on a tax deduction sheet in the U.S.

What protects a peaceful political organization from having to report its membership to the government

The right of association. Though not specifically stated in the United States Constitution's First Amendment, Freedom of Speech underpins the US Supreme Court's decisions in the rights of memberships and the groups people join (or not).

When was National Association for the Advancement of Colored People created

National Association for the Advancement of Colored People was created in 1909.

What is an individual portion of stock referred to as

An individual portion of stock is referred to as a share.

What are the protections granted by the government called

Civil rights

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