A Candidate Who Received 20 Percent of the Overall Vote

question 96

Multiple Choice

A candidate who received 20 percent of the overall vote could

• A)not win the election under any set of democratic electoral rules.
• B)win the election only if the election were held in a majority system.
• C)win the election only if the election were held in a plurality system.
• D)win the election in either a majority or plurality system.

---

Definitions:

Acquisition Analysis

A financial and strategic assessment to understand the value, synergies, and potential benefits of acquiring a company or asset.

Target Firm

A target firm is a company that is identified as a potential acquisition candidate by another company or investor.

Merger NPV

The net present value of combining two or more companies, taking into account the projected cash flows and synergies resulting from the merger.

Stock Exchange Bid

An offer made by an investor, trader, or dealer to buy a security that specifies the price and the quantity the buyer is willing to purchase.