What Is the Purpose of a Primary Election

question 74

Multiple Choice

What is the purpose of a primary election?

• A) to select a party's candidate for the general election
• B) to select a party's delegates for the state convention
• C) to select precinct chairs throughout the state
• D) to select a party's delegates for the precinct convention
• E) to elect candidates directly to office

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Definitions:

Trading Securities Portfolio

A portfolio of securities that the holder actively manages and buys or sells with the intention of profiting in the short term.

Cash Proceeds

The total amount of cash received from transactions, such as the sale of assets or products.

Gain or Loss

The financial result from a transaction, determined by subtracting the cost from the revenue, indicating profit or deficit.

Short-Term Stock Investments

Investments in publicly traded stocks intended to be held for a short duration, typically less than one year, for the purpose of earning quick profits.