Which of the Following Statements Regarding Social Security Benefits Is

question 38

Multiple Choice

Which of the following statements regarding Social Security benefits is true?

• A) Social Security benefits are retirement benefits extended only to self-employed people.
• B) In two-income families, both husband and wife may be eligible for full benefits.
• C) Social Security benefits are available to military personnel only.
• D) Social Security benefits may be reduced if the recipient is under age 55 and still gainfully employed.
• E) To obtain Social Security benefits, you must participate in enough quarters.

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Definitions:

Accidental Sale

A transaction where goods are sold unintentionally, often due to error or misunderstanding.

Repair Shop

A place or business where mechanical or electronic items are fixed or maintained.

Merchant

An individual or business entity involved in the trade of goods or services, especially one dealing with the sale of goods.

Uniform Commercial Code

A comprehensive set of laws and regulations that govern commercial transactions in the United States, intended to harmonize laws across states.