Three Candidates Are Running for Political Office Under a Plurality-Rule

question 12

Multiple Choice

Three candidates are running for political office under a plurality-rule system.Candidate A receives 45 percent of the vote,Candidate B receives 40 percent of the vote,and Candidate C receives 15 percent of the vote.What happens next?

• A)Candidate A wins the election.
• B)Candidate A must run in a second "confirmation" election to ensure that the electorate has chosen the most qualified candidate.
• C)Candidates A and B compete in a run-off election since both candidates are the top two vote getters.
• D)Candidates A and B are in a statistical tie and must compete in a run-off election.
• E)No candidate wins.All three candidates must run again in a second election since they failed to win over 50 percent of the votes.

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Definitions:

Double-declining-balance

A method of accelerated depreciation where an asset’s book value is reduced at double the rate of its straight-line depreciation.

Salvage Value

The anticipated worth of an asset upon its sale following the conclusion of its useful life.

Useful Life

The estimated period over which a fixed asset is expected to be usable for the purpose it was acquired.

Leasehold Improvements

Enhancements made to a leased property by the lessee, such as additions or modifications, which typically improve the property's value or utility.