Mr. Jiminez wants his 16 year old son to buy a life insurance policy as an investment for college. He asks you if it is legal for a minor child to purchase and own life insurance. You correctly respond by saying:
A) minors never have capacity to enter contracts
B) minors always have capacity to enter contracts
C) the courts have ruled that it is illegal for minors to purchase life insurance
D) the courts have ruled both ways on minors' ability to own life insurance
D
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Typically, you would expect general ledger updates for financing and investing activities to be fed to the GL/BR process by:
a. the controller b. the treasurer c. the chief executive officer (CEO) d. one of the AIS feeder systems
Injunctions are:
A. mandatory if the court orders a party to refrain from doing certain acts. B. used to compel personal service. C. not a form of equitable remedy, which is granted depending on the equities of a case. D. available when a breach of contract threatens to produce an irreparable injury.
The proposals that will either meet company strategic goals or produce the minimum rate of return will receive serious review in the preliminary screening process
Indicate whether the statement is true or false
An example of an expected retail strategy for a new-car dealer is _____
a. transportation to and from home during auto repair b. warranty repair work conducted free-of-charge c. coffee and danish served in a waiting room during auto repair d. 24-hour-a-day, 7-day-a-week auto towing for customers