Examlex

Solved

A Key Difference Between the Council-Manager Form of Local Government

question 40

Short Answer

A key difference between the council-manager form of local government and the mayor council form lies in whether or not they have a(n)________ manager.


Definitions:

Premium

An amount paid in addition to a standard price or rate; in insurance, it's the amount paid for coverage.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay.

Bond Trustee

A financial institution appointed to oversee the interests of bondholders, ensuring the bond issuer meets all terms and conditions.

Related Questions