Which of the Following Is True Regarding Minors

question 90

Multiple Choice

Which of the following is true regarding minors?

• A) Minors cannot, under law, own property and assets.
• B) Minors are allowed, under law, to own property and assets, but they must be supervised.
• C) Minors cannot own an IRA.
• D) Minors cannot own land.

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Definitions:

Expectancy Theory

A motivation theory explaining that an individual's motivational force is a function of their expectation that certain behaviors will lead to desired outcomes.

Internal Attribution

The process of attributing the cause of one's own or others' behavior to internal, personal characteristics rather than to external factors.

External Attribution

The process of attributing the cause of one's own or others' behavior to external factors or the situation, rather than to internal characteristics.

First-level Outcomes

Initial results or consequences of actions, often serving as indicators for further developments or achievements.