Lawmakers Elected After 2012 Are Allowed to Serve

question 11

Multiple Choice

Lawmakers elected after 2012 are allowed to serve:

• A)as many terms as they want; there are no restrictions on service
• B)six years in the Assembly, and six years in the Senate
• C)a total of 12 years in one or both houses
• D)14 years in either house, and after they take a break for six years, they can restart the clock and serve another 14 years

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Definitions:

Corporate Debts

Financial obligations or loans undertaken by corporations, which can include bonds, loans, and other forms of financial liabilities owed to creditors.

Golden Parachute Agreements

Contracts that provide executives with substantial benefits or compensation if they are terminated following a merger or takeover.

Public Policy

Principles and standards considered by the government in making decisions that affect the public.

Voidable Contracts

Agreements that may be legally rejected or enforced by one or more parties, often due to elements like misrepresentation or lack of capacity.