The Works Progress Administration

question 55

Multiple Choice

The Works Progress Administration

• A)did little more than "make work" for a few hundred unemployed persons.
• B)hired artists to paint and authors to write.
• C)set national minimum wage standards.
• D)required that the federal government give a job to anyone who wanted one.

---

Definitions:

Termination Statement

An amendment to a financing statement which states that the debtor has no obligation to the secured party.

Financing Statement

A Financing Statement is a document filed to give public notice of a secured party's interest in the personal property of a debtor, used mainly in secured transactions.

Consumer Good

A product or commodity that is produced and purchased to satisfy the personal or family needs of the consumer.

Secured Interest

A legal claim or lien on assets or property, granted to a lender as security for the repayment of a debt, giving the lender rights to the collateral if the debt is not repaid.