Shadow Governments Typically Are Found in Three Forms, Which Include

question 29

Multiple Choice

Shadow governments typically are found in three forms, which include all of the following except

• A)private enterprise shadow governments, such as homeowners' associations.
• B)public-private partnership shadow governments, common examples of which are development corporations and business improvement districts.
• C)subsidiaries of conventional governments with unusual powers, such as area-wide planning commissions.
• D)nonprofit organizations, such as local chapters of the American Red Cross and the League of Women Voters.

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, inventories, and other short-term liabilities.

Money Market Securities

Short-term financial instruments, typically with high liquidity and short maturities, traded in the money market.

Registration Statement

A set of documents, including a prospectus, filed with a regulatory body to register a company's securities for sale to the public.

Prospectus

A document disclosing the details of a security and the underlying business to prospective investors.