If the customer has an outstanding margin loan against the securities of $50,000, his equity will be $10,000 ($60,000 - $50,000 = $10,000). The broker determines the customer should receive a margin call for $5,000 ($15,000 - $10,000 = $5,000).
War Powers. Congress holds the power to declare war. As a result, the president cannot declare war without their approval. However, as the Commander in Chief of the armed forces, many presidents have sent troops to battle without an official war declaration (ex. Vietnam, Korea).
Actually it does. Now a days congress rules over the president. All the president does it veto or appeal laws and declares war but at any time congress can over rule him. Trulâ¦y the president can't do much for us when it seems like he does but congress does most of the work.