Any Voting System in Which the Candidate with the Most

question 67

Multiple Choice

Any voting system in which the candidate with the most votes wins is called:

• A) proportional voting
• B) majority voting
• C) plurality voting
• D) democratic
• E) republican

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Definitions:

Initial Cash Outlay

The initial funds and costs required to initiate a project, investment, or venture.

Pre-Tax Cost

The expense or cost incurred by an entity before the deduction of taxes.

Net Present Value

A financial measure that computes the disparity between the present value of cash coming in and going out over a certain period.

Flotation Cost

The total costs incurred by a company in issuing new securities, including underwriting, legal, registration, and distribution fees.