Which of the Following Was NOT a Historic "First" for the Election

question 13

Multiple Choice

Which of the following was NOT a historic "first" for the election of 2008?

• A) It was the first time a woman was a serious contender for a major party's presidential candidacy.
• B) It was the first time that a woman was on the presidential ticket of a major party.
• C) It was the first time that an African American was elected president.
• D) It was the first time that no significant issues divided the two major parties.

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' equity in a company, represented by the assets minus liabilities.

Revenues

The total amount of money generated by the sale of goods, services, or other income for a company before any expenses are deducted.

Equity

The value of an asset after deducting the amount of all liabilities on that asset, representing an owner's interest in a company.

Expenses

Costs incurred by a business in the process of earning revenue, including costs such as rent, utilities, and salaries.