The Major Source of the Lieutenant Governor's Power Is ______

question 41

Multiple Choice

The major source of the lieutenant governor's power is ______.

• A) the possibility that he or she will replace the governor
• B) his or her public popularity
• C) his or her position as chair of the governor's cabinet
• D) his or her role as chief advisor to the governor
• E) his or her role as president of the Senate

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Definitions:

Investment Company

A business structure, such as a corporation or trust, dedicated to managing the combined investments of various investors in financial markets.

Front-end Loads

Charges or fees that are paid by investors at the time of purchasing shares of a mutual fund or an investment trust.

Low-load Mutual Funds

Mutual funds that charge a lower sales load (commission) compared to typical sales charges, making them more cost-effective for investors.

Asset Value

Asset value is the total value of a company's or individual's assets, calculated by summing the market value of all tangible and intangible items.