Which of the Following Age Cohorts Are Most Likely to Save

question 2

Multiple Choice

Which of the following age cohorts are most likely to save items they buy?

• A) generation Xers
• B) teens
• C) mature market
• D) children
• E) the echo boom

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Definitions:

Warranty Deed

A deed in which the grantor promises that she or he has title to the property conveyed in the deed, that there are no undisclosed encumbrances on the property, and that the grantee will enjoy quiet possession of the property; provides the greatest amount of protection for the grantee.

Waterfront Property

Real estate located along a body of water, such as a sea, ocean, lake, or river.

Loft

An upper room or floor in a building, typically under the roof, used for storage or accommodation.

Tenants

Individuals or entities who rent property from a landlord for residential or commercial use, under the terms of a lease agreement.