The Texas Campaign Reporting and Disclosure Act of 1973 Provides

question 14

True/False

The Texas Campaign Reporting and Disclosure Act of 1973 provides that every candidate for political office must appoint a campaign treasurer before accepting contributions or making expenditures.

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Definitions:

Egalitarian Society

A community or society in which social equality in terms of wealth, status, and power is emphasized and maintained.

Saving

The act of not spending a portion of income and setting it aside for future use, often in a deposit account or as an investment.

Deficits

The situation that arises when a government, company, or individual spends more money than it receives in income or revenue over a specified period.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.