A terminally ill insured may be able to withdraw life insurance death benefits on tax-free basis while still alive

Indicate whether the statement is true or false


TRUE

Business

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The nominal exchange rate equals the real exchange rate adjusted for changes in the price level.

a. True b. False

Business

Companies should first think of the target market and then design the supply chain backward from that point. This strategy is called ________

A) demand chain planning B) resource planning C) external channel planning D) materials planning E) strategic business planning

Business

Which of the following is true of a limited liability company (LLC)?

A. Members are personally liable for the wrongful acts of other members. B. It cannot have more than 100 members. C. Investors of an LLC are able to share in management. D. It cannot sue or be sued in its own name.

Business

Which of the following statements about business forms is correct?

A. All partnerships are owned by only two people. B. A sole proprietorship is an unincorporated business owned by one person. C. A corporation is not a legal entity. D. An LLC (or limited liability company) has the same tax treatment as a corporation.

Business