Campaign Spending Tends to Be a Much Greater Challenge for

question 40

Multiple Choice

Campaign spending tends to be a much greater challenge for

• A)challengers and nonincumbents than for incumbents.
• B)Republican candidates.
• C)Democratic candidates.
• D)candidates in urban areas than for candidates in rural areas.
• E)men than for women.

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Definitions:

Paid-In Capital

The amount of money that a company receives from shareholders in exchange for shares of stock, exceeding the par value of the shares.

Drawings

Withdrawal of cash or other assets from an unincorporated business for the personal use of the owner(s).

Authorized Shares

The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.

Market Value

The existing cost for buying or selling an asset or service on the market.