One of the Most Convincing Explanations for the Persistence of the Two-Party

question 53

Multiple Choice

One of the most convincing explanations for the persistence of the two-party system in the United States lies in its use of which of the following?

• A) Single winners chosen by an absolute majority of votes
• B) Multiple winners chosen by a proportional representation of votes
• C) Multiple winners chosen by a simple plurality of votes
• D) Single winners chosen by a proportional representation of votes
• E) Single winners chosen by a simple plurality of votes

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Definitions:

Controlling Interest

Ownership of a sufficient portion of a company's stock to influence or control its activities and decisions.

Valuation Allowance Account

An account used to offset the value of deferred tax assets due to the likelihood that they will not be realized.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, and operating results of a parent company and its subsidiaries as one entity, providing a complete picture of the financial health of the entire corporate group.

Long-term Investments

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