Loans obtained by a policyowner against the cash value of a life insurance policy

A) are treated as taxable income
B) would not be treated as taxable income
C) are limited by the face amount of the policy
D) would be subject to a Federal estate tax


Ans: B) would not be treated as taxable income

Business

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What will be an ideal response?

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Which of the following is NOT a common variable used by both consumer and business marketers while segmenting markets?

A) operating characteristics B) loyalty status C) usage rate D) geographic location E) benefits sought

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During the mid-1980s, help desks took on new activities such as ____.

A. developing new software for in house users B. fixing software errors reported to the help desk C. maintaining system and network status and availability information D. defining security access requirements for software programs

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International Financial Reporting Standards ________ U.S. Generally Accepted Accounting Principles

A) are the same as B) are generally less specific than C) are based less on principle than D) leave less room for professional judgment than

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