In a System of Responsible Parties, the Main Focus Would

question 9

Multiple Choice

In a system of responsible parties, the main focus would be on:

• A) winning elections as an end in itself
• B) making sure that conflicting factions within each party are fully represented
• C) the policies the party has pledged to put into effect
• D) letting candidates adhere to whatever part of the party's platform they agreed with

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Definitions:

Publicly-traded Corporation

A company whose shares are openly sold and traded to the public on one or more stock exchanges.

Earnings and Profits

A measure used by the IRS to determine a corporation’s ability to pay dividends to its shareholders.

Stockholder Basis

The total amount invested in a company by shareholders, including the purchase price of shares, which is used to determine capital gains or losses for tax purposes.

Capital

Financial assets or resources that businesses or individuals use to fund operations, investments, and growth.