Proportional Representation Systems Encourage the Formation of Smaller Parties by Enabling

question 63

Multiple Choice

Proportional representation systems encourage the formation of smaller parties by enabling parties to

• A)win legislative seats even though they do not receive a majority of votes in elections.
• B)receive campaign funds from government in proportion to their support in opinion polls.
• C)win legislative seats by lottery for parties that have no chance of winning majority support.
• D)share in patronage appointments,which serve as an incentive to lure campaign workers.
• E)advertise on television.

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Definitions:

Prospectus

In securities law, a document given to prospective purchasers of a security that contains information about an issuer of securities and the securities being issued.

Registration Statement

A document submitted to securities regulatory authorities that provides details and disclosures about a company's securities offering to the public.

Suitability Letter

A document provided by a financial advisor, confirming that an investment is appropriate for a client's situation.

Firm Commitment

In finance, an underwriter's promise to purchase all the unsold shares of an issue, thereby guaranteeing the amount of capital that the issuer will raise.