A Legal Entity Allowing Like-Minded Individuals Who Belong to a Corporation,labor

question 51

Multiple Choice

A legal entity allowing like-minded individuals who belong to a corporation,labor union,or virtually any other organization,to pool their money and contribute directly to candidates is a(n)

• A)political action committee.
• B)campaign finance donator.
• C)contract lobbyist.
• D)interest group.

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Definitions:

Securitization

The financial practice of pooling various types of contractual debt such as mortgages and selling their related cash flows to third-party investors as securities.

Newly Created Securities

Financial instruments such as stocks or bonds that have been recently issued and are available for investment.

Original Issuer

The entity or organization that initially offers or issues a financial instrument or security to the public.

Special Relationship

A legal concept denoting a duty of care that exists between parties, beyond general public duty.