The Bush Plan Would Have

question 11

Multiple Choice

The Bush plan would have

• A)Diverted some payroll taxes into private accounts that workers could invest in the stock market.
• B)Restructured Social Security to allow workers under age 35 to divert a portion of their Social Security payroll taxes into private investment accounts.
• C)Assured poor workers of higher returns.
• D)Turned the US into a Socialist country.

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Definitions:

Perfection

In legal contexts, this term often pertains to the steps required to protect a secured interest against claims from third parties.

Public Notice

An official announcement made to the public through available ways, including newspapers, official websites, or public bulletin boards.

Attachment

The legal process of seizing property of a defendant in a lawsuit by a creditor prior to obtaining a judgment to secure the fulfillment of a judgment.

Bona Fide Purchaser

A person who buys property in good faith, without notice of any prior claims or disputes over the property, and is therefore protected under law.