Which of the Following Is NOT True of the Bipartisan

question 43

Multiple Choice

Which of the following is NOT true of the Bipartisan Campaign Reform Act of 2002?

• A) It is popularly known as the McCain-Feingold Act.
• B) It prohibited national parties and candidates for federal office from accepting soft money.
• C) It raised limits on contributions to a particular candidate for federal office.
• D) It required that all federal candidates accurately disclose campaign contributions.
• E) It regulated expenditures on ads.

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Definitions:

Broadly Held Corporation

A corporation with a large number of shareholders, spreading ownership widely among individuals.

Closely Held Corporation

A corporate entity characterized by a small group of shareholders, often with family members holding a majority of the stock.

Fiduciary Duty

An obligation to act in the best interest of another party, such as the relationship between a trustee and the beneficiaries of a trust.

Public

The general population or community at large, often in relation to matters of public interest or public spaces.