In 2012, the Number of Americans Who Lived in Multi-Generational

question 43

True/False

In 2012, the number of Americans who lived in multi-generational family households was half the number of those who lived in such households in 1980.

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Definitions:

UCC

The extensive legal provisions of the Uniform Commercial Code cover all forms of commercial transactions occurring in the United States.

Commercial Transactions

Deals or agreements between parties that involve the exchange of goods, services, or funds in the course of business operations.

Common Law

A legal system characterized by judicial decisions that are recognized as binding, forming a body of law developed through court decisions over time.

Checking Account

A bank account that allows depositors to write checks and make withdrawals, often used for daily financial transactions.