Which of the Following Factors Does Not Affect Savings

question 2

Multiple Choice

Which of the following factors does not affect savings?

• A) Levels of Income
• B) Inflation rate
• C) Cyclical influences
• D) Life stage of the individual or corporation

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Definitions:

Gratuitous Assignment

A transfer of rights or property done freely without the expectation of receiving something in return.

Revocable

means capable of being withdrawn, cancelled, or reversed, often used in the context of trusts or agreements.

Notification of Revocation

The formal process of informing parties involved that a decision, offer, or agreement has been cancelled or withdrawn.

Assignor's Death

In contract law, the death of the assignor does not necessarily terminate the assignment unless the contract stipulates otherwise.