Which of the following insurance policies continues for a stated period of time with the premiums increasing with the age of the insured?
A. double indemnity
B. term insurance
C. annuity contract
D. comprehensive insurance
Answer: B
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Which of the following is true of face-to-face communication??
A) ?It increases the opportunity of processing and remembering a long and complex message. B) ?It provides fewer opportunities to facilitate feedback and establish a personal focus. C) ?It includes nonverbal information in addition to that provided in written or oral form. D) ?It facilitates greater control over a message than written communication.
The Howey test for defining a security is based on three elements or characteristics: a) a common enterprise; b) a reasonable expectation of profit; and c) profits derived exclusively from one's own efforts
Indicate whether the statement is true or false
Tony's Beach T-Shirts has fixed annual operating costs of $75,000. Tony retails his T-shirts for $14.99 each and the variable cost per T-shirt is $4.99. Based on this information, the breakeven sales level in units is ________
A) 7,500 B) 15,030 C) 5,003 D) 3,754
The early adult years are mainly characterized by pre-retirement planning
Indicate whether the statement is true or false