If a Social Benefit Is Universal, Then Which of the Following

question 8

Multiple Choice

If a social benefit is universal, then which of the following is true?

• A) The program is used by everybody.
• B) It can be received by anyone in the country, meeting certain criteria, such as age.
• C) The benefit is available to everyone, but recipients have to apply for them.
• D) The amount of the benefit does not depend on the recipient's income.
• E) The benefit can only be received by those who meet the income eligibility conditions.

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Definitions:

Lease

A contractual agreement in which one party (the lessor) allows another (the lessee) to use an asset for a specified period of time in exchange for payment or some other consideration.

Lessor

A lessor is a person or entity who leases or rents property to another, known as the lessee.

Tenant

An individual who rents or leases a space, such as an apartment or office, from a landlord.

Mortgage

A legal agreement in which a borrower agrees to repay a lender over time, secured by real property as collateral.