What Event Served as a Catalyst for the Creation of the Pendleton

question 97

Multiple Choice

What event served as a catalyst for the creation of the Pendleton Act?

• A)the growth of the Republican party in the 1880s
• B)the expansion of the federal bureaucracy in the 1880s
• C)the assassination of James Garfield in 1881
• D)the election of Rutherford B.Hayes in 1876

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Definitions:

Current Value

The present worth of an asset or company based on market prices, as opposed to historical cost or book value; often used in gauging financial performance.

Existing Stock

The shares that are currently issued and outstanding in the market, referring to the stock previously sold to and held by the shareholders.

Long-Term Loan

A long-term loan is a financial obligation with a repayment period exceeding one year, often used for significant investments or purchases.