I think it all boils down to the fact that you need to ask first. I've met professors who were not only fine with it but actively encouraged it, and I've also met professors who would kick you out of the class for the slightest whiff of resubmission.
Personally, I think so long as you wrote it, it's topical, and you've gone over your sources to make sure they're still accurate, it shouldn't be a problem. But in practice, it comes down to the whims of your professor.
Personally, I think so long as you wrote it, it's topical, and you've gone over your sources to make sure they're still accurate, it shouldn't be a problem. But in practice, it comes down to the whims of your professor.