To Qualify as a Multicandidate Committee, a PAC Must Raise

question 59

Multiple Choice

To qualify as a multicandidate committee, a PAC must raise money from at least 50 people and contribute to at least ______ candidates.

• A) 3
• B) 5
• C) 7
• D) 9

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Definitions:

Cost-Cutting Measure

Strategies or actions implemented by a company to reduce its expenses and improve profitability.

Shareholder Value

The financial worth that a company delivers to its shareholders, often measured by stock price appreciation and dividend payouts.

Firms Fail

The situation where businesses are unable to continue operations due to financial problems, market competition, or poor management.

Due Diligence

The comprehensive appraisal of a business or individual prior to signing a contract, or an act with a certain standard of care.