Which of the Following Is True About 527s

question 236

Multiple Choice

Which of the following is true about 527s?

• A) They are named what they are because of where they are defined in the tax code.
• B) They are named what they are because there are 527 of these groups.
• C) They have had little influence in recent political campaigns.
• D) They are banned from receiving soft money contributions.
• E) All of the above are true

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Definitions:

Tying Agreements

Contracts where a seller requires a buyer to purchase a secondary product as a condition of buying a desired primary product.

Geographic Areas

Distinct locations distinguished by physical, administrative, cultural, or geographical boundaries.

Product X

A placeholder name for a generic product or service being discussed or analyzed.

Sherman Act

A foundational United States antitrust law passed in 1890, aiming to restrict monopolistic practices and promote market competition.