Which of the Following Statements Is Not Correct

question 160

Multiple Choice

Which of the following statements is not correct?

• A)Two key elements of welfare reform are work requirements and limiting the time that recipients can receive benefits.
• B)The Earned Income Tax Credit (EITC) is very similar to a negative income tax.
• C)Minimum wage laws will likely increase unemployment.
• D)The elderly are more likely to be poor than single mothers.

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Definitions:

Statutory Requirements

Legal obligations imposed by a statute that individuals or organizations must follow.

Transfer of Land

The legal process by which ownership of a piece of land is moved from one party to another.

Statute of Frauds

A legal principle requiring certain types of contracts (e.g., real estate transactions, contracts not to be performed within one year) to be in writing to be enforceable.

Partially Performed

A term referring to a contract or agreement that has been started but not fully executed or completed.