William Is a Candidate Running for the Position of Mayor

question 3

Multiple Choice

William is a candidate running for the position of mayor. Royyal Blue, a corporation, provides funds to support William. William's rival files a lawsuit claiming that the corporation's spending was leaving no room for the opinion of others. Which of the following statements is true of the scenario?

• A)The First Amendment protects Royyal Blue's right to corporate political speech if it can be shown that their business or corporate assets were not materially affected.
• B)The Fourth Amendment protects Royyal Blue's right to corporate political speech if it can be shown that their business or corporate assets were not materially affected.
• C)Judgment will be against Royyal Blue, since an independent entity cannot contribute toward a candidate's election campaign.
• D)Judgment will be against Royyal Blue if they have spent more than a certain percentage of William's total campaign expenses.

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Definitions:

United States Constitution

The supreme law of the United States, establishing the national government, fundamental laws, and guaranteed certain basic rights for its citizens.

Federal Bankruptcy

Federal Bankruptcy involves legal procedures governed by federal law to help individuals or businesses unable to meet their debt obligations to reorganize or discharge their debts.

Bankruptcy Code

The set of laws that govern bankruptcy proceedings in the United States, found in Title 11 of the United States Code.

2005 Bankruptcy Reform Act

Legislation officially known as the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, designed to overhaul U.S. bankruptcy law by adding means testing to discourage Chapter 7 filings and to reduce bankruptcy fraud.