Transaction theory involves an exchange of money for votes.

Question

Quizplus · Accepted Answer

Transaction theory, in the context of economics and organizational behavior, generally refers to the dynamics of transactions or exchanges between parties, which can involve goods, services, or information, but not specifically or exclusively the exchange of money for votes. The concept of exchanging money for votes would be more accurately described as vote buying, which is a form of electoral fraud.

Transaction Theory Involves an Exchange of Money for Votes