SuperPACS

question 42

Multiple Choice

SuperPACS

• A) are now illegal in all except one state.
• B) can raise and spend unlimited amounts of money promoting or attacking candidates.
• C) are run by foreign corporations and interests to change election outcomes.
• D) are able to use public funds for campaigns.

---

Definitions:

Authorized

Authorized typically refers to something that has been officially approved or given permission by a relevant authority or governing body.

Issued

The term refers to securities or other financial instruments that have been made available for sale and distribution to the public.

Subscribed

The process or condition of committing to an offering of securities by an investor, or a commitment to a service or publication.

Outstanding

Refers to something that is still due, unresolved, or remaining to be paid or completed.