Soft Money Is Money That Is Obtained by

question 53

Multiple Choice

Soft money is money that is obtained by

• A)political parties.
• B)incumbents.
• C)challengers.
• D)party leaders.
• E)party leaders' PACs.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has rights and liabilities independent of those owners and can enter into contracts, sue, and be sued.

Sole Proprietorships

A business structure where a single individual owns and operates the business, bearing full responsibility for its debts and obligations.

Capital

Wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.

Business Ownership

Refers to the legal possession and control over a business entity by an individual or group.