This week’s study question from the Solomon Online Exam Simulator question database is now available.
Sam, an agent, is passionate about politics. He lives in State A and works in State B. He wants to contribute money to some campaigns for public office in each state, but is also hoping to engage in municipal securities business with each state. Where can Sam make contributions?
A. State A only
B. State B only
C. State A and State B
D. Neither State A nor State B
Correct Answer: A. State A only
Rationale: Agents are allowed to make contributions to candidates that they could vote for, up to $250 per election. Contributions to other candidates would result in bans from doing municipal securities business with the municipal issuer where the candidate is running for office.
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