A single life policy
A)
may only provide benefits for a single beneficiary.
B)
pays out at the death of the single life insured.
C)
is only available for unmarried individuals.
D)
is only allowed to insure non-dependent adults.
B
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Under the Truth in Lending Act, creditors have a week to notify consumers of their right to cancel the transaction.
Answer the following statement true (T) or false (F)
A $150,000 loan is to be amortized over 6 years, with annual end-of-year payments. Which of these statements is CORRECT?
A. The proportion of interest versus principal repayment would be the same for each of the 7 payments. B. The annual payments would be larger if the interest rate were lower. C. If the loan were amortized over 10 years rather than 6 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 6-year amortization plan. D. The proportion of each payment that represents interest as opposed to repayment of principal would be higher if the interest rate were lower. E. The proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher.
That the business would allocate the gains from doing business to a wide array of stakeholders speaks to the need for ___________ in the sustainability context.
Fill in the blank(s) with the appropriate word(s).
_____ segmentation refers to segmenting markets by region of a country or the world, market size, market density, or climate
a. Geographic b. Benefit c. Demographic d. Usage-rate