Which of the Following Is the Largest Single Component of the Elderly's

question 7

Multiple Choice

Which of the following is the largest single component of the elderly's overall retirement income?

• A)Old age insurance
• B)Private pensions
• C)Earnings from assets
• D)Disability insurance
• E)Medical insurance

---

Definitions:

Shipment Contract

A sales agreement where the seller is obligated to send the goods to a specific destination, and the risk of loss passes to the buyer when the goods are delivered to the carrier.

Risk of Loss

The responsibility for the loss of goods during shipment, transfer, or at any time before the completion of a sale, typically determined by contract terms.

Shipment Contract

A type of sales contract where the seller is required to send the goods to the buyer, but the risk of loss passes when the goods are handed to the carrier.

Risk of Loss

A legal term referring to the responsibility for damage, destruction, or loss of goods, especially in the context of the sale or transport of those goods.