When Legislators Support One Another's Project in Order to Ensure

question 82

Multiple Choice

When legislators support one another's project in order to ensure support for their own,it is referred to as:

• A)rent seeking.
• B)moral hazard.
• C)political hazard.
• D)logrolling.
• E)bribery.

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Definitions:

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled.

Shelf Registrations

A process that allows issuers to register a new issue with the SEC that can be sold at any time within a two-year period.

Delayed Sales

A sales arrangement where the transfer of goods or services to the buyer occurs at a later date than the initial agreement.

1933 Securities Act

A United States federal law enacted to ensure more transparency in financial statements so investors can make informed decisions about securities investments.