In American Politics, We Often Observe That During a Campaign

question 231

Multiple Choice

In American politics, we often observe that during a campaign, the Democratic and Republican positions on many issues are similar, which illustrates

• A)Arrow's impossibility theorem.
• B)the Condorcet paradox.
• C)a Borda count.
• D)the median voter theorem.

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Definitions:

Validity

Validity refers to the state of being legally sound, effective, or binding; it is the quality of conforming to law or fact.

Handwritten Instrument

A legal document that is manually written by hand rather than typed or printed.

Negotiable

Pertains to documents or instruments that are transferable from one person to another through endorsement or delivery, thereby allowing the holder to take title.

Nonnegotiable

A term describing instruments or securities that cannot be transferred or assigned to another party.