Which of the Following Statements Is True

question 18

Multiple Choice

Which of the following statements is true?

• A) In 2013, America had more poor people than any other time in the 54 years of keeping such records.
• B) Approximately 23% of U.S. children live in poverty.
• C) Child poverty is also associated with health, housing, and multiple risk factors.
• D) All are correct
• E) None are correct

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Definitions:

Law of Equity

A body of law that provides remedies and relief in situations where strict legal rules would be unfairly rigid, focusing on fairness and justice.

Gratuitous Promise

A vow or commitment to do something for someone else without expecting anything in return.

Breach of Contract

The act of breaking any terms and conditions that were mutually agreed upon in a legally enforceable contract.

Consideration

An item of worth traded between entities within a contract, essential for the contract to be considered enforceable by law.