Which of the Following Is an Example of a Subsidized

question 343

Multiple Choice

Which of the following is an example of a subsidized service?

• A) Social Security payments to retirees
• B) Social Security payments to widows
• C) welfare payments to the unemployed
• D) Medicare reimbursements to hospitals

---

Definitions:

Indorse

Refers to the act of signing the back of a negotiable instrument, such as a check, in order to transfer ownership or to approve the terms.

UCC

The Uniform Commercial Code, a set of laws that govern commercial transactions in the United States.

Negotiation

Negotiation is a process of discussion aimed at reaching an agreement where two or more parties with different needs and goals discuss an issue to find a mutually acceptable solution.

Holder

A person in possession of a document of title or an instrument payable or indorsed to him, his order, or to bearer.