Answer:
The Relationship Between the Three Tiers of Government – Federal, State, and Local Government.
Explanation:
n a federation, the three tiers of government, Federal, State, and Local, work independently but concurrently. They work hand in hand, all for the smooth running of the federation.
Answer:
By the provision of Article 5 of the Articles of Confederation, Congress (House of Representatives and Senate) could not serve more than a six years term.
Explanation:
The Articles of confederation was written in 1771 and approved in 1781. The Articles of confederation which was the first constitution of America established an organ of government namely; the Legislature without an Executive organ. The Legislative organ of government is known as the Congress, made up of the House of Representatives and Senate.
It established a bicameral Legislative organ that had representatives from the 13 states at that time. Under the Articles, Congress got their powers from the powers directly delegated to them by the States. They could only function based on the delegated powers to appoint civil servants, declare war, take care of military affairs, etc.
The Articles of Confederation had its shortcomings, as it required more than 2/3 majority to pass a bill into law. The establishment of the United States Constitution ushered some reforms.
The statement that is is true concerning the company’s requirement to report to the SEC is that they a)Required to report major business developments and must file annual and quarterly financial reports.
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What is sec?</h3>
SEC serves as the organization that protects investors through enforcement of nation's securities laws, against wrongdoers, and overseeing our securities markets .
Therefore, option A is correct.
Other options for the question are:
a)Required to report major business developments and must file annual and quarterly financial reports.
b)Not required to report information to the SEC.
c)Requirement to file depends on the company’s assets and shareholder base.
d)Must file annual and quarterly financial reports
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