Which Statement Might a Low-Income Committed Couple Be Likely to Make

question 161

Multiple Choice

Which statement might a low-income committed couple be likely to make?

• A) "Ideally we would love to get married, but only when we are financially secure."
• B) "We don't want to ever get married."
• C) "We want to get married but only after we have children."
• D) " We want to get married right now."

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Definitions:

Limited-Liability

This is a legal status that prevents a company's shareholders from being personally liable for the company's debts or liabilities beyond their investment in the company.

Articles of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation.

State

A political entity with a centralized government that has sovereignty over a geographic area.

Partnership

An association of two or more persons to carry on as co-owners of a business for profit.