According to a Recent Survey, 70% of 18- to 34-Year-

question 41

Multiple Choice

According to a recent survey, 70% of 18- to 34-year- olds do not keep a budget. A random sample of six 18- to 34-year- olds was selected. The probability that all six do not keep a budget is ------.

• A)0.240
• B)0.078
• C)0.333
• D)0.118

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Definitions:

Extinguished

Used to describe a situation where a debt, obligation, or right has been nullified or terminated.

Registered Outstanding Mortgage

A mortgage that remains unpaid and is recorded in the official registry or public records.

Deed

A legal document that represents the ownership and boundaries of a property and is used to transfer property rights from one party to another.

Legal Perspective

An analysis or interpretation of a situation or event from the standpoint of law and legal principles.