Match the Following Characteristics with the Form of Business Entity

question 167

Multiple Choice

Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Generates 90% of business revenues

• A)Proprietorship
• B)Partnership
• C)Corporation
• D)Limited liability company (LLC)

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Definitions:

Incumbents

Current holders of a political office or position.

Open-seat Contests

Electoral races without an incumbent, typically characterized by more candidates and often more competitive than races with incumbents.

Campaign Reform

Efforts and policies aimed at improving the fairness, transparency, and accountability of political campaigning and financing.

Soft-money Contributions

Unregulated, indirect contributions made to political parties for general support purposes, not directly tied to the endorsement of specific candidates, which became more restricted in U.S. politics by the Bipartisan Campaign Reform Act of 2002.