Exam 4: Constitutional Authority to Regulate Business

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The state governments retain all powers not specifically delegated to the federal government.

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The checks and balances in the U.S. Constitution prevent any one branch of government from exercising too much power.

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The Constitution expressly excludes state regulation of commerce.

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The taxing and spending clause of the U.S. Constitution has had a greater impact on business than any other clause in the Constitution.

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