Departure from the Parental Home in Early Adulthood

question 8

Multiple Choice

Departure from the parental home in early adulthood

• A) is usually permanent, with few young adults returning home.
• B) occurs at an earlier age than in the past.
• C) is a major step toward assuming adult responsibilities.
• D) is one phase of the family life cycle that all adults experience.

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Definitions:

Risk of Loss

The exposure to potential financial loss in a transaction, often determining who bears the responsibility if goods are damaged or lost.

Carrier

An entity or company that undertakes to transport goods or people for a fee, such as a shipping line, airline, or telecommunications provider.

Shipment Contract

A contract that specifies the seller's responsibility is fulfilled once goods are handed over for transportation, shifting risk to the buyer.

Risk of Loss

The legal responsibility for the damage, destruction, or loss of property, which may shift from the seller to the buyer at a specified point in the transaction.