Based on U

question 415

Multiple Choice

Based on U.S. income data from 2011, the bottom fifth of all families received approximately what percent of all income?

• A)48.9 percent
• B)21.3 percent
• C)8.6 percent
• D)3.8 percent

---

Definitions:

Delivery

The process of transferring an item from the seller to the buyer, or the act of fulfilling a contractual obligation or transferring ownership.

Payment Obligation

A legally binding commitment to pay a specified amount of money to another party under the terms of a contract or agreement.

Impossibility

A legal defense in contracts referring to situations where an unforeseen event makes it impossible for a party to fulfill their contractual obligations.

Remote Event

An occurrence that has a very low probability of happening, often considered insignificant in decision-making processes due to its unlikely nature.