A State Statute Prohibited Corporations from Making Any Contributions Designed

question 438

Multiple Choice

A state statute prohibited corporations from making any contributions designed to influence voting on questions on the state ballot. Based on what you have read, you can presume the Supreme Court held that this statute:

• A) was constitutional under the 1st Amendment
• B) was an unconstitutional infringement of the 1st Amendment
• C) was an unconstitutional infringement of the 4th Amendment
• D) was constitutional under the 14th Amendment
• E) was constitutional under the Due Process Clause

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Definitions:

Operating Characteristics

Features of a business or a system that influence its capacity to generate profit or achieve its operational goals.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity used to finance its overall operations and growth.

Nature of Assets

The inherent characteristics that define the resources owned by a business, potentially providing economic value or benefit in the future.

Optimal Level

The most efficient, effective, or desirable amount or degree of something.