The Current Social Security System Surplus of Revenues Relative to Expenditures

question 233

Multiple Choice

The current Social Security System surplus of revenues relative to expenditures is used to purchase

• A) U.S. Treasury bonds.
• B) bonds issued by domestic corporations.
• C) U.S. stock.
• D) U.S. and foreign stock.

---

Definitions:

Negotiation

A discussion aimed at reaching an agreement, where parties involved resolve differences, produce a solution or find a middle ground.

Nation Bank

Likely a typographical error, but if referring to "National Bank," then it's a commercial bank chartered by the federal government in the United States.

Good Faith Purchaser

A Good Faith Purchaser is someone who buys property without knowledge of any prior claims, disputes, or flaws related to the property, thereby obtaining legal ownership.

Holder In Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.