__________ Is an Assistance Program,financed from Tax Revenues,that Is Designed

question 4

Multiple Choice

__________ is an assistance program,financed from tax revenues,that is designed to pay for the medical costs of people of any age who cannot afford basic health care.

• A)Medicare
• B)Social Security
• C)Old Age Survivors Insurance
• D)Aid to Families with Dependent Children
• E)Medicaid

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Definitions:

Defective Incorporation

A situation where a company has not completed its incorporation process correctly resulting in potential legal and financial liabilities for its purported directors and shareholders.

Promoter

An individual or entity that initiates the formation of a company or organization and helps it to set up by raising the required funds or fulfilling the legal requirements.

Fiduciary Duty

A duty under the law for one individual to prioritize the well-being of another when given responsibility over finances or assets.

Classifications of Corporations

The categorization of corporations based on certain criteria, such as purpose, ownership, and operational scope, including public, private, and non-profit corporations.