Qualifications: The United States Constitution provides that a candidate for the presidency must be a "natural-born" United States citizen. The candidate must also be at least 35 years old and must have lived in the United States for at least 14 years. No law or court decision has yet defined the exact meaning of natural-born. Authorities assume the term applies to citizens born in the United States and its territories. But they are not sure if it also includes children born to United States citizens in other countries. How Nominated: By a national political party convention.

How Elected: By a majority vote of the Electoral College, held in December following the general election on the first Tuesday after the first Monday in November of every fourth year.

Inauguration: Held at noon on January 20 after election. If January 20 is a Sunday, the ceremony may be held privately that day and again in public on January 21.

Term: The President is elected to a four-year term. A President may not be elected more than twice.

Income: The President receives a yearly salary of $400,000, a $50,000 annual allowance for expenses, and additional allowances for travel, staff support, and maintenance of the White House. Succession: If a President dies, resigns, is disabled, or is removed from office, the Vice President assumes the office.