All of the Following Are Examples of the "Savings Objective

question 23

Multiple Choice

All of the following are examples of the "savings objective" of investment except:

• A) A 25-year-old planning to be able to buy a house in 5 years.
• B) A 30-year-old planning to be able to pay for her children's college in 15 years.
• C) A 40-year-old planning for retirement in 25 years.
• D) A 65-year-old planning how to use his wealth to support himself now that he is retired.

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Definitions:

Characteristics

Distinctive features or qualities that define a person, thing, or phenomenon.

Effective Leader

A person who can influence and guide followers or other members of an organization to achieve specific goals in an efficient manner.

Trait Theories

Theories that focus on identifying, describing, and measuring individual personality characteristics or traits.

Leadership

The act of guiding, directing, or influencing individuals or groups towards achieving a common goal through inspiration and example.