Which of the Following Scenarios Best Exemplifies the Social Function

question 25

Multiple Choice

Which of the following scenarios best exemplifies the social function of religion?

• A) Alex and her friends wear crucifixes every day, as a reminder of the importance of their faith.
• B) Claire and her children take great comfort in their religious faith when they remember their father, who died six months ago.
• C) Rajesh and his wife meticulously adhere to the tenets of their faith, practicing all of its rituals.
• D) Teresa and her friends place flowers at sites where people were killed in a tornado that ripped through their town and attend a candlelight vigil in honor of all the victims.

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Definitions:

Endowment Funds

Long-term funds established by donations that are meant to support a particular organization or cause, where the principal remains intact and the investment income is used for specific purposes.

Investment Time Horizon

The length of time an investor expects to hold an investment before taking the money out.

Pension Liability

The amount of money a company or governmental entity is required to pay into its pension plan to satisfy future pension obligations to retired employees.

Actuary

A professional who assesses and manages the risks of financial investments, insurance policies, and other potentially risky ventures using mathematics, statistics, and financial theory.