Which of the Following Programs Is NOT an Antipoverty Program

question 68

Multiple Choice

Which of the following programs is NOT an antipoverty program?

• A) the Earned Income Tax Credit
• B) Temporary Assistance for Needy Families
• C) Social Security
• D) Medicaid

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Definitions:

Holder in Due Course

A party who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be raised against the prior holder.

Indorsement

The act of signing one's name on a financial document, such as a check, thereby transferring rights or title to another party.

Collection Indorsement

An endorsement on a negotiable instrument, such as a check or promissory note, that specifies the particular person to whom the payment is to be made.

Fictitious Payee Rule

A principle in commercial law that protects the drawer of a check if the check is made payable to a non-existent or not intended recipient, under certain conditions.