The First Time Spending Limits Were Placed on Congressional Candidates

question 52

Multiple Choice

The first time spending limits were placed on congressional candidates was with the passage of which law?

• A) Tillman Act of 1907
• B) Federal Election Campaign Act of 1974
• C) Corrupt Practices Act of 1925
• D) Bipartisan Campaign Reform Act

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Definitions:

Stock Price

Stock price is the current market price at which a share of stock can be bought or sold, reflecting the value that the market assigns to a company.

Required Return

The minimum return that investors expect to earn on their investment to compensate for its risk.

Dividend Yield

A financial proportion demonstrating how a company's annual dividend payout stands in comparison to its stock price.

Stock Price

The cost of purchasing a share of a company, which fluctuates based on demand and supply in the market.