Final answer:
During the installation ceremony, the outgoing President hands over responsibilities to the new President.
Step-by-step explanation:
During the installation ceremony, the President who has completed his or her term does 2) Hand over the responsibilities to the new President. After taking the oath of office and being declared the winner of the general election, the outgoing President passes on the duties and obligations of the presidency to the newly elected President. This transfer of power is an important part of the peaceful transition of leadership in the United States.