Which Is a Specific Type of Formal Organization,regulated by the Federal

question 27

Multiple Choice

Which is a specific type of formal organization,regulated by the Federal Election Commission,that raises money from donors to support the election campaigns of candidates for federal offices?

• A) political party fund
• B) candidate support network
• C) donor trust
• D) political action committee
• E) 527

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Definitions:

Prime Rate

The interest rate that banks charge their most creditworthy customers.

Loan Repayment

The process through which a borrower returns borrowed money to the lender, usually in scheduled installments.

Commercial Paper

An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories, and meeting short-term liabilities.

Issue Date

The date on which a document, such as a check, bond, or stock, is issued or goes into effect.