The McCutcheon Decision

question 55

Multiple Choice

The McCutcheon decision:

• A) Eliminated caps on donations to individual candidates
• B) Eliminated caps on the total amount of money a person can give to candidates
• C) Forced 527 groups to disclose their donor lists
• D) Allowed members of Congress to give unlimited contributions to presidential campaigns

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis.

Put Option

A financial contract giving the option buyer the right, but not the obligation, to sell a specified quantity of an asset at a set price (the strike price) within a specified time.

Expiration

In finance, this term typically refers to the date on which a contract, such as an option or futures contract, ceases to exist and the final settlement or exercise must occur.

Selling

The process of giving or exchanging an item of value for money; a fundamental concept in economics and commerce.