Which of the Following Is True of a General Election

question 35

Multiple Choice

Which of the following is true of a general election? 

• A) It is used to fill vacancies caused by reason of death. 
• B) It is carried out to elect the governors of states. 
• C) It is held to decide an issue before the next special election. 
• D) It is regularly scheduled in even-numbered years. 
• E) It is used to fill vacancies caused due to resignations.

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Definitions:

After-tax Return

The profit from an investment after all taxes have been subtracted, indicating the net gain to the investor.

Time Horizons

The length of time over which an investment is expected to be held before it is liquidated, ranging from short-term to long-term periods.

Casualty Insurance

Insurance coverage for loss or liability stemming from a sudden, accidental event.

Equity Securities

Financial assets representing ownership interest in a company, such as stocks, which provide income through dividends and potential for capital gain.