Chapter 5- Constitutional Authority to Regulate Business

Chapter 5- Constitutional Authority to Regulate Business -...

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Chapter 5- Constitutional Authority to Regulate Business T RUE -F ALSE  Q UESTIONS         1. A federal form of government is one in which a central authority holds all power.         2. The president can hold acts of Congress and of the courts unconstitutional.         3. Congress can regulate any activity that substantially affects commerce.         4. A state law that substantially impinges on interstate commerce is unconstitutional.         5. When there is a direct conflict between a federal law and a state law, the federal law is invalid.         6. If a tax is reasonable, it is within the federal taxing power.         7. The Bill of Rights protects individuals against various types of interference by the federal government  only.         8. Any restriction on commercial speech is unconstitutional.         9. Due process and equal protection are different terms for the same thing.        
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This note was uploaded on 02/27/2011 for the course ACCT 2050 taught by Professor None during the Spring '11 term at Algoma University.

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Chapter 5- Constitutional Authority to Regulate Business -...

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