Question

16. 3) State two contributions of the
aforesaid person.​

Answer 1

Answer:

A contribution is anything of value given, loaned or advanced to influence a federal election. It is important to understand which receipts are considered contributions becauseA contribution of money may be made by check, cash (currency), credit card or other written instrument.Goods or services offered free or at less than the usual charge result in an in-kind contribution. Similarly, when a person pays for services on the committee’s behalf, the payment is an in-kind contribution. An expenditure made by any person in cooperation, consultation or concert with, or at the request or suggestion of, a candidate’s campaign is also considered an in-kind contribution to the candidate.When an individual uses personal funds (or personal credit) to pay for a campaign expense, that payment is generally an in-kind contribution from that individual. Although such advances are considered in-kind contributions until reimbursed, special reporting rules apply when individuals pay for campaign expenses and later receive reimbursement from the committee.