Which Statement Concerning Social Security Is False

question 136

Multiple Choice

Which statement concerning Social Security is False?

• A) It was developed in the 1950s
• B) It can be supplemented by IRAs
• C) It is the primary source of income for those over age 65
• D) It faces challenges due to the large number of baby-boomers

Identify who has the authority to propose and who must approve fundamental changes in a corporation.

Recognize the rights of minority shareholders in the event of fundamental changes.

Outline the conditions under which a court may dissolve a corporation.

Explain the process and consequences of corporate dissolution, including protection for creditors.

---

Definitions:

Immigration

The action of coming to live permanently in a foreign country.

Opportunity Cost

The expense incurred by not choosing the second-best option while making a decision.

Labor Decreases

A situation where the workforce or the amount of work done decreases due to factors like automation, layoffs, or economic downturns.

Retain Earnings

Profits that a company keeps after dividends have been paid out to shareholders, often used for reinvestment in the business.