What Is a One-Party State

question 88

Multiple Choice

What is a one-party state?

• A)It is a state in which the two major parties alternate in winning majorities, and only one party is in power at a time.
• B)It is a state in which one party wins all or nearly all of the offices, and the second party receives only one-third of the popular vote.
• C)It is a state in which only one party is allowed to contest the elections for all elected official positions.
• D)It is a state in which only one party is allowed to contest the elections for the position of governor, but other parties are allowed to take part for other elected offices.
• E)It is a country where there is one party at a federal level and another party at the state level.

---

Definitions:

Liquidation

The process of closing a business, selling its assets to pay off liabilities, and distributing any remaining assets to owners or shareholders.

Realization

The process of converting non-cash assets into cash or recognizing revenue when goods are sold or services are rendered.

Partnership Assets

All types of resources owned by a partnership that are used in its operations, including cash, property, and equipment.

Noncash Assets

Assets that cannot be easily converted into cash, including tangible assets like machinery and intangible assets like patents.