The Electoral System That Tends to Produce a Large Number

question 35

Multiple Choice

The electoral system that tends to produce a large number of political parties is

• A) the single-member district system.
• B) the single transferable vote.
• C) the mixed electoral system.
• D) proportional representation.

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Definitions:

Convertible Preferred Stock

A type of preferred stock that gives the holder the right to convert their shares into a predetermined number of common stock shares, usually after a specific date.

Noncumulative Preferred Stock

Preferred shares that do not entitle the holder to claim dividends missed in the past if the company decides not to distribute dividends in a given year.

Stock Split

A corporate action that increases the number of a company's outstanding shares by dividing each share, which in turn reduces the price per share, making the stock more accessible to investors.

Basic Earnings Per Share

A measure of a company's profitability that shows how much of its profits are allocated to each share of common stock.