One Problem with Multimember Districts Utilized in the Past That

question 52

Multiple Choice

One problem with multimember districts utilized in the past that caused the U.S.Supreme Court to step in is

• A)more than one person was elected to represent one district.
• B)they never gained popularity throughout the nation.
• C)many of them overrepresented rural areas.
• D)candidates can win a seat with less than a majority.

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Definitions:

New Equity

Funds raised by a company through the issuance of additional shares of stock, contributing to its equity capital.

Constant Rate

A fixed percentage or amount that does not change over a specified period.

Cost of Capital

The return rate that a company must achieve in order to justify the cost of an investment, essentially the cost of obtaining the funds necessary for financing a project or investment.

Pretax Cost

This refers to an expense or cost incurred by a business before accounting for taxes.