When the states ratified the Constitution, they delegated ________ powers to the federal government

A) enumerated
B) reserved
C) police
D) statutory

A

Business

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Steve's Bicycle Repair Shop, Inc., has $150,000 in assets (tools, refurbished bikes, parts). Owners' equity is the full $150,000. Now Steve wants to borrow $10,000 in order to stock new bikes. This will add to the equity in the company

a. true b. false

Business

A trust deed may be released from the records by:

A. payment in full B. a title report C. recording a reconveyance deed D. recoding a note

Business