Which statement is false regarding benefit periods on long-term health care insurance?
A) Long-term health care coverage can range all the way from one year to a lifetime.
B) The average stay in a nursing home is 2.44 years.
C) The recommended minimum benefit period is six to nine years.
D) Because women tend to spend longer periods of time in nursing care compared to men, women should consider a longer benefit period.
Answer: C
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The principal revenue source for a bank typically is:
a. gain on sale of real estate. b. sales. c. dividend income. d. interest income. e. interest expense.
Identify the statement that is incorrect.
A. Risk is higher if a company has more liabilities. B. Lower financial leverage involves lower risk. C. The debt ratio is one measure of financial risk. D. Higher financial leverage involves higher risk. E. Risk is higher if a company has more assets.
The Fifth Amendment protects citizens from involuntary self-incrimination. Discuss the application of this constitutional protection in the following areas: a statement made by a defendant in custody prior to receiving Miranda warnings when the police
intentionally, rather than mistakenly, delayed in providing the warnings; a blood sample given by a defendant; a handwriting sample given a defendant; required participation in a lineup. Explain transactional and use immunity. How does each affect a person's right not to testify under oath? Discuss fully.
Which of the following statements is incorrect?
A. Excise taxes are assessed on items such as gasoline and telephone use. B. The estate tax is based on the fair market value of property at death or the alternate valuation date. C. Gift taxes are imposed on the recipient of a gift. D. Property taxes are levied on real estate.