What are the features that distinguish universal life from traditional forms of life insurance?
What will be an ideal response?
The features that distinguish traditional forms of life insurance from universal life include: 1 ) flexibility of premium payments, 2 ) ability to earn a greater rate of return when interest rates rise, 3 ) flexibility in death benefits, 4 ) transparency in the component costs and returns.
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Cost of goods sold is considered an expense of a merchandising business
Indicate whether the statement is true or false
________ consists of characteristics that make a brand unique
A) Brand valuation B) Brand equity C) Brand personality D) Licensing E) Intellectual property
Answer the following statements true (T) or false (F)
1. When changing ethical culture, choose one component to focus on. 2. Organizational commitment is greatest in instrumental ethical climates. 3. Ethics training is not essential for the socialization process, but can be very helpful. 4. Once ethics training is implemented, an organization does not need to worry about ongoing ethics violations within the organization. 5. Core values are guiding principles which should reflect what an organization is
Secured loans, such as for most mortgages, in which the lenders may not go after other assets if the foreclosed asset brings an insufficient amount to cover the outstanding debt when sold at auction are referred to as?
A) ?foreclosure free. B) ?limited recourse loans.. C) ?nonrecourse loans. D) ?upside down.