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A State Statute Prohibited Corporations from Making Any Contributions Designed

question 355

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:


Definitions:

Default

Failing to fulfill a legal obligation or agreement, particularly the failure to repay a loan as agreed with a lender.

Perfection

In legal and financial terminology, it refers to the necessary steps taken to secure rights or interests in collateral against third parties.

Security Interest

A legal claim or lien on collateral, giving a lender the right to take property to satisfy a debt if the debtor defaults.

Default

The failure to meet the legal obligations of a loan, typically by not making the required payments.

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