A Major Risk of the Delegate Model of Representation Is

question 11

Multiple Choice

A major risk of the delegate model of representation is that

• A)no new laws will be passed because all representatives must agree before a bill can be enacted.
• B)elected officials will spend too much time attempting to raise money for their next campaign because they must seek re-election so frequently.
• C)elected officials will completely ignore their constituents' preferences because they are following their own beliefs about which policies are best.
• D)the voices of only a few active and informed constituents will be heard because most people do not pay close attention to every issue.

---

Definitions:

American Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a specified price within a certain time period.

Fixed Price

A pricing strategy where the cost of goods or services is set and does not fluctuate with changes in the market or inventory costs.

Given Date

A specific date mentioned or defined within a particular context or document.

At the Money

A term used in options trading to describe an option with a strike price that is identical or very close to the market price of the underlying security.