What Is the Definition of a Discouraged Worker

question 101

Multiple Choice

What is the definition of a discouraged worker?

• A) a member of the labor force who is working but is discouraged about his prospects for advancement within the company
• B) a member of the labor force who is working but is discouraged about the performance of his company within the industry
• C) a person who has dropped out of the labor force because he is discouraged about his prospects for employment
• D) an employed member of the labor force who is discouraged about his pay

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Definitions:

Rights to Collateral

Legal entitlements of a secured creditor to seize and sell the collateral if the debtor fails to fulfill the obligations of the loan or debt agreement.

Loan Due

The date by which a borrower is expected to repay the borrowed amount in full to the lender.

Rights in Bankruptcy

Legal protections and claims a debtor or creditor has during the bankruptcy process, including claims to assets and discharge of debts.

Homestead Exemption

A legal provision that protects a portion of a homeowner's principal residence from creditors and reduces property tax.