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).
5 congressional war powers. president is the commander-in-chief of the armed forces. why must congress share the powers of war and defense with the President. if congress has declared war, when congress has specifically authorized military action, when an attack on the U.S. or any of its armed forces has occurred.