________ is a form of insurance that does not accumulate any value over the contract period.

A. Term insurance
B. Period insurance
C. Buyout insurance
D. Life insurance


Answer: A

Business

You might also like to view...

In Monroe's Motivated Sequence, you can tell a story, offer examples, give a startling statement or ask a rhetorical question in this step

A) action or approval B) problem C) attention D) visualization

Business

Return on quality approach:

A) is a targeted approach to quality investments. B) advocate all quality expenditures are equally valid. C) focuses on actual quality improvements than on the cost of quality. D) does not monitor the overall progress.

Business

Answer the following statements true (T) or false (F)

1) An outsourcing decision is a choice made by management about whether to make a component internally or buy it from an outside source. 2) A company should process its product further if the additional revenue from further processing exceeds the additional cost of further processing. 3) A company should process its product further if the additional processing generates higher sales revenues. 4) Airbolt Avionics makes aircraft instrumentation. Their basic navigation radio requires $140 in variable costs and requires $4,000 per month in fixed costs. If it processes the radio further to enhance its functionality, it will require an additional $20 per unit of variable costs and $300 per month in fixed costs. The marketing manager believes the sales price of the radio can be increased from $250 to $290. In making this decision, the amount of additional fixed costs per month is a relevant cost. 5) An operational asset used for a long period of time is known as a capital asset.

Business

If a contract contains a delivery term of __________, the seller's responsibility is to get the goods to the buyer

A) FOB place of shipment B) FOB place of destination C) CIF place of shipment D) CIF place of destination

Business