Lisa does not want her life insurance policy included in her gross estate when she dies. Lisa can remove the life insurance policy from her estate if she does which of the following more than 3 years before she dies?
A) borrow the cash value of the policy
B) make an absolute assignment of the policy to someone else
C) change the beneficiary to someone who does not have insurable interest
D) select a lump sum settlement option and name her estate the beneficiary
Answer: B
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________ tell the attacker that a certain IP address has a live host or router
A) ICMP Echo replies B) ICMP error messages C) Both A and B D) Neither A nor B
Which of the following examples accurately describes a difference in the types of business combinations?
A. A statutory consolidation requires dissolution of the acquired company while a statutory merger does not require dissolution. B. A statutory merger requires the dissolution of the acquired company while a statutory consolidation requires dissolution of the companies involved in the combination following the transfer of assets or stock to a newly formed entity. C. A statutory merger can only be effected through an asset acquisition while a statutory consolidation can only be effected through a capital stock acquisition. D. A statutory merger can only be effected through a capital stock acquisition while a statutory consolidation can only be effected through an asset acquisition. E. Both a statutory merger and a statutory consolidation can only be effected through an asset acquisition but only a statutory consolidation requires dissolution of the acquired company.
Briefly explain the difference between accrual-basis accounting and cash-basis accounting.
What will be an ideal response?
As the automobile accident rate increases, insurers are forced to increase their premium rates. Companies such as Allstate have recently been running a campaign they hope will result in fewer accidents by their policyholders
For each six-month period that a customer goes without an accident, Allstate will reduce the customer's premium rate by a certain percentage. Companies like Allstate have reason to be concerned about driving habits, based on a survey conducted by Drive for Life, a safety group sponsored by Volvo of North America, in which 1,100 drivers were surveyed. Among those surveyed, 74% said that careless or aggressive driving was the biggest threat on the road. One-third of the respondents said that cell phone usage by other drivers was the driving behavior that annoyed them the most.Based on these data, assuming that the sample was a simple random sample, construct and interpret a 95% confidence interval estimate for the true proportion in the population of all drivers who are annoyed by cell phone users.A) (0.313, 0.347 ) B) (0.306, 0.354 ) C) (0.302, 0.358 ) D) (0.316, 0.344 )