Franking Privilege Allows Incumbent Members of Congress to

question 48

Multiple Choice

Franking privilege allows incumbent members of congress to

• A) travel to and from their home state for free.
• B) never pay taxes.
• C) mail materials to constituents without paying for postage.
• D) enjoy free medical and dental benefits.
• E) garner an extensive financial bonus yearly to go towards a charity of their choice.

---

Definitions:

Market Price

The current market value at which a service or good can be traded.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on a part of the company's profits or losses.

Par Common Stock

The face or nominal value attributed to a common stock share as specified in the company's charter.

Treasury Stock

Represents shares of a company's own stock that it has reacquired and holds, which are not considered assets and do not have voting rights or pay dividends.