Godfrey Was Asked to Be the Commencement Speaker at the Local

question 49

Multiple Choice

Godfrey was asked to be the commencement speaker at the local high school.In the speech,Godfrey talked about his accomplishments,about what he has been doing since his high school graduation 18 years ago and his goals for the future.Unfortunately,this speech didn't appeal to the audience.Why?

• A)The audience really did not get to know Godfrey because the speech was too short.
• B)Godfrey connected with the audience,but the illustrations he used were dated.
• C)The speech Godfrey gave was at the beginning of the commencement which set the tone for the event.
• D)Godfrey did not praise the graduating class nor have the graduates look toward their own futures.

---

Definitions:

Wage Insurance

A form of financial protection that provides workers with a portion of their earnings difference if they lose their job and find a new one at a lower wage.

Moral Hazard

A situation in which one party is more likely to take risks because they do not bear the full consequences of their actions, often due to asymmetric information or where one party is protected in some way from the risks they take.

Traditional Retirement Plan

A retirement savings plan that offers tax advantages to the saver, often involving tax-deferred growth until withdrawals.

Postpone Taxes

A financial strategy that seeks to delay the payment of income taxes on earnings through various tax-advantaged accounts or investments.