Saving Done for the Purpose of Leaving an Inheritance Is

question 79

Multiple Choice

Saving done for the purpose of leaving an inheritance is called ________ saving.

• A)public
• B)bequest
• C)precautionary
• D)life-cycle

---

Definitions:

Moral Leadership

Leadership that is always “good” and “right” by ethical standards.

Personal Integrity

The quality of being honest and having strong moral principles that one does not breach.

Transformational Leadership

A style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.

Transactional Leadership

A leadership style that focuses on supervision, organization, and performance; rewarding or punishing team members based on their performance.