In a Means-Tested Program,a Household Qualifies for Welfare Benefits Only

question 63

Multiple Choice

In a means-tested program,a household qualifies for welfare benefits only if _____

• A)the household's income and assets are below a certain level.
• B)the head of the household has a college degree.
• C)the head of the household is a single mother.
• D)the family has dependent children.
• E)one of the members of the household is a war veteran.

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Definitions:

Holder in Due Course

A party that acquires a negotiable instrument in good faith and for value, thus obtaining certain rights free from previous defenses.

For Value

A legal consideration given as part of a contract or agreement, indicating that something of value was exchanged.

Instrument

A legal document formalizing an agreement or right, often used in financial transactions or legal proceedings.

Joint Payees

Joint Payees are individuals or entities named together on a check or document as the recipients of money or payment.