Which of the Following Is NOT One of the Built-In

question 6

Multiple Choice

Which of the following is NOT one of the built-in advantages that incumbents have over challengers?

• A) ability to purchase low-cost advertising from local television
• B) ability to send mail to constituents at no cost, touting legislative accomplishments
• C) the partisan bias of legislative districts
• D) media attention attained by virtue of their position
• E) ability to perform casework for constituents

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Definitions:

Liquidating Distributions

Payments made to shareholders or partners by a corporation or partnership as it dissolves, distributing its assets.

Computer Equipment

Devices and systems used in the operation, management, and functionality of computers, including both hardware and accessories.

Tax Consequences

The effect of financial transactions on an individual's or entity's tax liability.

Recognize Gain

The process by which an individual or entity reports the profit earned from the sale of an asset that has increased in value over its purchase price.