Which Act Reflected the Wish of Congress to Limit the Role

question 14

Multiple Choice

Which act reflected the wish of Congress to limit the role of money in politics through the regulation of campaign contributions?​

• A) ​The Federal Election Campaign Act of 1971
• B) ​The Revenue Act of 1954
• C) ​The Lobbying Disclosure Act of 1995
• D) ​The Hatch Act

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Definitions:

Acquisition

The process by which one company takes over another company either by purchasing its assets or its stock.

Goodwill

An intangible asset representing the excess of acquisition cost over the fair value of identifiable net assets acquired in a business combination.

Acquiring Company

A company that purchases most or all of another company's shares to gain control of that company.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its tangible and identifiable intangible assets.