In Citizens United V.Federal Elections Commission,the U.S.Supreme Court

question 32

Multiple Choice

In Citizens United v.Federal Elections Commission,the U.S.Supreme Court

• A)defined the free-speech rights of corporations for the first time.
• B)defended the first Amendment right of corporations to spend money to support political candidates they favor.
• C)said that banking procedures are to be regulated by the Securities and Exchange Commission.
• D)said that states should be permitted to distinguish between the rights of individuals and the rights of corporations.

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Definitions:

Transfer Price

The price at which goods and services are sold between divisions within the same company, often used for accounting and tax purposes.

Variable Cost

A cost that varies directly and proportionally with changes in production volume or activity level, such as materials and labor costs.

Profit Margin

The ratio of a company's net income to its revenue, indicating the percentage of profit made from sales.

Operating Expenses

Expenses incurred through normal business operations, such as rent, utilities, and payroll.