During Which Phase of the Nomination Campaign Does a Potential

question 63

Multiple Choice

During which phase of the nomination campaign does a potential candidate seek support, line up a staff, and begin fundraising?

• A) the nominating convention
• B) the caucus
• C) the presidential primary
• D) the prenomination campaign

---

Definitions:

Probate

A legal process that deals with the assets and debts of a deceased person, ensuring proper distribution according to the will or the law.

Resided

To have been domiciled or located in a particular place.

Trust's Principal

The original assets placed into a trust by the grantor, excluding any income or appreciation generated by those assets.

Investment Costs

Investment costs include all the expenses associated with acquiring an asset, including purchase price, broker fees, setup costs, and any other costs necessary to bring the asset to a usable state.