Hillary had purchased a term life insurance policy and had nominated her mother as the beneficiary, while William, her colleague, had a universal life insurance and had nominated himself as the beneficiary
Hillary and William recently got married and wish to nominate each other as beneficiaries in their individual life insurance policies. In the context of the given scenario, which of the following statements is true?
A) Hillary and William will have to purchase two new policies to nominate each other as beneficiaries.
B) Hillary and William will have to seek an endorsement to make the requisite changes in their current individual life insurance policies.
C) Hillary will be able to nominate William as the beneficiary, but William cannot do so because he did not enlist a beneficiary earlier.
D) William will have to nominate both Hillary and her mother as beneficiaries for his insurance policy because existing beneficiaries cannot be denied coverage.
B
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An increase in interest rates
A. decreases the M2 money multiplier. B. decreases the ratio of excess reserves to transaction accounts held by banks C. increases the money supply for a given amount of monetary base. D. increases the ratio of excess reserves to transaction accounts held by banks
It is logical that there would be a high correlation between ratios that are rated to be highly significant and ratios that are included in corporate objectives
Indicate whether the statement is true or false
John and Megan are at a crowded theater. In the press of people exiting the theater, John accidentally steps on Megan's big toe and breaks it. Megan can sue John for the tort of battery
a. True b. False Indicate whether the statement is true or false
A feature of employment in the 21st century is that there are a growing number of workers who operate outside the traditional confines of regular, full-time employment.
Answer the following statement true (T) or false (F)