When the City of Fresno Holds a Referendum to Determine

question 235

Multiple Choice

When the city of Fresno holds a referendum to determine if taxes will be raised to pay for road repairs,the city is using a ________ allocation method.

• A) majority rule
• B) market price
• C) contest
• D) personal characteristics
• E) command

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Definitions:

Risk Distribution

The practice of spreading financial risk across various parties, investments, or financial instruments to reduce the impact of any one failure.

Age Misrepresentation

The act of deliberately falsifying one's age, usually for the purpose of gaining access to certain privileges or avoiding restrictions.

Insurance Application

The form or process through which a potential insured provides information for an insurance company to evaluate and decide on providing coverage.

Beneficiary Payment

A payment made to a person or entity designated to receive benefits from a contract, such as insurance policy or a will.