Michael wants to make sure that life insurance proceeds are available to pay his outstanding mortgage balance if he dies

He purchased a type of life insurance in which the amount of coverage gradually declines, just as his outstanding mortgage balance gradually declines. This type of life insurance is called
A) modified life insurance.
B) decreasing term insurance.
C) re-entry term insurance.
D) current assumption whole life.


Answer: B

Business

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Chi-square analysis can determine if there is a significant relationship between two categorical variables

Indicate whether the statement is true or false

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When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation

The use of ________ makes this possible. A) POS systems B) social shopping C) e-commerce D) e-menus E) direct selling

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A(n) ____________________ instrument is negotiated by indorsement and delivery

Fill in the blank(s) with correct word

Business