History, 13.03.2020 02:22 tabocampos1414
Read the following scenario: The Texas government wants to encourage local business. They pass a bill requiring all gas stations within the state to buy fuel only from Texas oil companies. The legislature maintains that this bill will help to strengthen the Texas economy. Based on your understanding of Gibbons v. Ogden, which of the following will most likely happen? The state’s economy will flourish because Texas oil companies will make more profit and pay more in taxes to the state. The state’s economy will crumble because competition is limited and the price of gas will increase. The Federal government will step in to override the bill because it violates the Constitutional authority of Congress. The Federal government will step in to override the bill because it limits competition and effects international trade.
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Read the following scenario: The Texas government wants to encourage local business. They pass a bil...
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