Which of the following factors is connected with convertible term life insurance?
A) A medical exam is not required.
B) It helps make a smooth transition from term to cash-value insurance.
C) There is a corresponding increase in premium cost.
D) Generally, the conversion feature is only offered during the first two years.
E) All of the above
Answer: E
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A) the purchase of a trading security B) the payment of interest on a loan C) the payment of cash dividends to shareholders D) all of these answer choices are correct
Which of the following is not a disadvantage of collaborative writing?
A. Collaboration takes more time. B. Collaboration causes conflicts. C. Members may not contribute their fair share. D. The final document has a corporate style.
ValleyView Company acquires common stock of Kansas Enterprises for $400,000 on November 1, 2013, and designates this investment as available-for-sale. The fair value of these shares is $435,000 on December 31, 2013 . ValleyView sells these shares on August 15, 2014, for $480,000. (Refer to ValleyView.) The total income from the purchase and sale of these securities is _____ reported _____
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Indicate whether the statement is true or false