Campaign Finance Laws

Description: This quiz covers the key aspects of campaign finance laws, including regulations on campaign contributions, spending limits, and disclosure requirements.
Number of Questions: 14
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Tags: campaign finance political campaigns election laws
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Which federal agency is responsible for enforcing campaign finance laws?

  1. Federal Election Commission (FEC)

  2. Internal Revenue Service (IRS)

  3. Department of Justice (DOJ)

  4. Federal Bureau of Investigation (FBI)


Correct Option: A
Explanation:

The Federal Election Commission (FEC) is an independent regulatory agency that enforces campaign finance laws and regulations.

What is the maximum amount an individual can contribute to a federal candidate's campaign?

  1. $2,900 per election

  2. $5,800 per election

  3. $10,000 per election

  4. $20,000 per election


Correct Option: A
Explanation:

Individuals are limited to contributing a maximum of $2,900 per election to a federal candidate's campaign.

Which type of political action committee (PAC) can accept unlimited contributions from individuals, corporations, and labor unions?

  1. Super PAC

  2. Traditional PAC

  3. Independent Expenditure-Only Committee

  4. Leadership PAC


Correct Option: A
Explanation:

Super PACs are political action committees that can accept unlimited contributions from individuals, corporations, and labor unions, but are prohibited from coordinating directly with candidates or political parties.

What is the purpose of the Bipartisan Campaign Reform Act of 2002 (BCRA)?

  1. To increase transparency in campaign finance

  2. To reduce the influence of special interests in elections

  3. To promote greater participation in the political process

  4. All of the above


Correct Option: D
Explanation:

The Bipartisan Campaign Reform Act of 2002 (BCRA) aimed to increase transparency in campaign finance, reduce the influence of special interests in elections, and promote greater participation in the political process.

Which federal law requires candidates for federal office to publicly disclose their campaign contributions and expenditures?

  1. Federal Election Campaign Act (FECA)

  2. Hatch Act

  3. Lobbying Disclosure Act

  4. Foreign Agents Registration Act


Correct Option: A
Explanation:

The Federal Election Campaign Act (FECA) requires candidates for federal office to publicly disclose their campaign contributions and expenditures.

What is the term for the practice of using a third party to funnel money to a candidate or political party in order to circumvent campaign finance limits?

  1. Money laundering

  2. Straw donor scheme

  3. Super PAC transfer

  4. Independent expenditure


Correct Option: B
Explanation:

A straw donor scheme involves using a third party to funnel money to a candidate or political party in order to circumvent campaign finance limits.

Which type of political action committee (PAC) is formed by a corporation or labor union to support candidates who share their interests?

  1. Super PAC

  2. Traditional PAC

  3. Independent Expenditure-Only Committee

  4. Leadership PAC


Correct Option: B
Explanation:

Traditional PACs are formed by corporations or labor unions to support candidates who share their interests.

What is the maximum amount a candidate can spend on their own campaign for the U.S. Senate?

  1. $10,000

  2. $25,000

  3. $50,000

  4. $100,000


Correct Option: D
Explanation:

Candidates for the U.S. Senate are limited to spending a maximum of $100,000 of their own money on their campaign.

Which federal law prohibits corporations and labor unions from making direct contributions to federal candidates?

  1. Federal Election Campaign Act (FECA)

  2. Hatch Act

  3. Lobbying Disclosure Act

  4. Foreign Agents Registration Act


Correct Option: A
Explanation:

The Federal Election Campaign Act (FECA) prohibits corporations and labor unions from making direct contributions to federal candidates.

What is the term for the practice of using a candidate's campaign funds for personal use?

  1. Misappropriation of campaign funds

  2. Straw donor scheme

  3. Super PAC transfer

  4. Independent expenditure


Correct Option: A
Explanation:

Misappropriation of campaign funds involves using a candidate's campaign funds for personal use.

Which type of political action committee (PAC) is formed by a group of individuals who share a common interest or goal?

  1. Super PAC

  2. Traditional PAC

  3. Independent Expenditure-Only Committee

  4. Leadership PAC


Correct Option: C
Explanation:

Independent Expenditure-Only Committees are formed by a group of individuals who share a common interest or goal.

What is the maximum amount a candidate can receive from a single individual for their campaign for the U.S. House of Representatives?

  1. $2,900 per election

  2. $5,800 per election

  3. $10,000 per election

  4. $20,000 per election


Correct Option: A
Explanation:

Individuals are limited to contributing a maximum of $2,900 per election to a candidate's campaign for the U.S. House of Representatives.

Which federal law requires candidates for federal office to file regular reports disclosing their campaign contributions and expenditures?

  1. Federal Election Campaign Act (FECA)

  2. Hatch Act

  3. Lobbying Disclosure Act

  4. Foreign Agents Registration Act


Correct Option: A
Explanation:

The Federal Election Campaign Act (FECA) requires candidates for federal office to file regular reports disclosing their campaign contributions and expenditures.

What is the term for the practice of using a candidate's campaign funds to pay for personal expenses, such as rent or groceries?

  1. Misappropriation of campaign funds

  2. Straw donor scheme

  3. Super PAC transfer

  4. Independent expenditure


Correct Option: A
Explanation:

Misappropriation of campaign funds involves using a candidate's campaign funds for personal expenses, such as rent or groceries.

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