Nearly ________ Percent of All PAC Contributions Go to the Incumbents

question 32

Multiple Choice

Nearly ________ percent of all PAC contributions go to the incumbents.

• A)10
• B)30
• C)50
• D)70
• E)90

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Definitions:

Bonds

A fixed-income investment representing a loan made by an investor to a borrower, usually corporate or governmental.

Trading Investments

Securities bought and held primarily for sale in the near term to generate income on short-term price differences.

Bonds Payable

Bonds payable are long-term liabilities representing money a company must pay back to bondholders by a certain date, including the principal and sometimes interest payments.

Long-Term Investments

Investments that a company intends to hold for more than one year, including stocks, bonds, real estate, and other financial assets.