A City That Is Allowed Self-Governance Independent of State Law

question 23

Multiple Choice

A city that is allowed self-governance independent of state law is a

• A) general law city.
• B) home rule city.
• C) municipality.
• D) county-run institution.

---

Definitions:

Commission Rate

The percentage or fee paid to an agent or company for facilitating a transaction, often used in sales, brokerage, and real estate transactions.

Full-Service Broker

A financial advisor who offers a broad range of investment services, advice, and research, typically at a higher cost than discount brokers.

Online Discount Broker

A platform that allows investors to buy and sell securities at lower commission rates than traditional brokers.

Share

A unit of ownership in a company or financial asset, granting the holder a portion of the corporation's assets and earnings.