Examlex

Solved

A Lobbyist in Our Nation's Capitol Must Buy 250 Votes

question 70

Multiple Choice

A lobbyist in our nation's capitol must buy 250 votes in the House of Representatives and Senate to win passage of a bill to add Millard Fillmore's face to Mount Rushmore.Votes in Congress can be purchased according to the following process: V = CM/100,000, where C is the number of dollars contributed to campaign funds and M is the number of three-martini lunches.If three-martini lunches cost $25 each, what is the smallest expenditure the lobbyist could make to ensure Mr.Fillmore's proper place in history?


Definitions:

Limited Liability Company

A corporate structure that integrates the limited liability characteristic of a corporation with the tax-pass-through trait of sole proprietorships or partnerships.

Aggregate

A total or sum made from individual parts.

Legal Entity

An organization or structure that is recognized by law as having rights and responsibilities, such as entering into contracts, owning property, and being subject to litigation.

Limited Liability Company

A business structure that offers personal asset protection to its owners while allowing various tax benefits.

Related Questions