Examlex

Solved

Nevin Is Four Years Old and Has an Uncle Who

question 105

Multiple Choice

Nevin is four years old and has an uncle who is twenty-five. When his mom takes Nevin shopping to find a Christmas present for his uncle, he wants to get him a toy firetruck. This is an example of ________.


Definitions:

Employee Pension Plan

An employee pension plan is a retirement plan funded by an employer that provides a fixed payout to retirees, usually based on factors such as salary history and length of employment.

Vested

Having an absolute right to an asset, benefit, or privilege, which is not contingent upon fulfilling any condition or the occurrence of a specific event.

After-School

Activities, programs, or care provided for children after regular school hours.

Economically Disadvantaged

Referring to individuals or groups that experience a lower standard of living due to a lack of income, wealth, or access to basic resources.

Related Questions