A Party's Platform Is Best Understood as a

question 53

Multiple Choice

A party's platform is best understood as a

• A) negotiated agreement between the various factions in the party.
• B) public relations program designed for media consumption.
• C) clear statement of the principles to which each party candidate will be committed.
• D) contract with the American people.
• E) set of rules for determining who can and who cannot become a member of the party.

---

Definitions:

Capital Balance

The amount of money that owners have invested in a company that has not been repaid or withdrawn.

Manager-Managed

A management structure in which a company is overseen by professional managers rather than its owners or members.

Member-Managed

Refers to a type of management structure in an LLC where all members participate in the decision-making processes.

Limited Liability Company

An enterprise configuration that amalgamates the individual taxation approach of sole proprietorships or partnerships with the capped liability advantages of a corporation.