Representative McNamee Has Been Defecting from the Party on More

question 45

Multiple Choice

Representative McNamee has been defecting from the party on more roll-call votes than he is allowed recently. What action might the Speaker of the House take to punish him?

• A) The House Speaker does not have the power to punish members
• B) Revoking one of his committee appointments
• C) Instructing the Rules Committee not to report a bill of his to the floor
• D) Either b or c

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Definitions:

Toronto 35 Index

An index that was once used to represent the performance of the 35 most significant stocks listed on the Toronto Stock Exchange.

Basis

In finance, refers to the difference between the spot price of an asset and its future price, or to the initial value used for tax purposes.

Futures Price

The agreed-upon price for the purchase or sale of an asset at a future date in a futures contract.

Spot Price

The current market price at which an asset, such as securities, commodities, or currencies, can be bought or sold for immediate delivery.