Considering the following answers;
1) did not apply during war time.
2) was not relevant during war time.
3) only applied during peace time.
4) had to be amended during war time
Answer;
1) did not apply during war time.
During World War II, the government argued that it should be able to waive the Fourteenth Amendment, claiming that the Constitution did not apply during war time.
Explanation;
The 14th Amendment to the U.S. Constitution, ratified in 1868, granted citizenship to all persons born or naturalized in the United States; including former slaves, and guaranteed all citizens equal protection of the laws.
During World War II, the government temporarily canceled this Fourteenth Amendment, claiming that the Constitution does not apply during war time.
Credit is essentialy a loan given that is paid back with interest. Arguably, credit caused the Great Depression. Many Americans invested in the stock market with credit when they did not have the money, so when a recession in the stock market occurred, many stockholders were in huge debt. Banks that lended money were out of money, and depositors lost money. This caused homes to foreclose, and because of the decrease in consumer purchasing power (people were in debt), companies laid off workers and unemployment rose.
Answer:
Fair value is the sale price agreed upon by a willing buyer and seller. The fair value of a stock is determined by the market where the stock is traded. Fair value also represents the value of a company's assets and liabilities when a subsidiary company's financial statements are consolidated with a parent company.
Explanation:
Ronald Reagan was 69 years 11 months when he became President.