Jens is a newly-married man who wants $100,000 of life insurance, but he cannot afford the ordinary level whole life premium until he gets out of graduate school. He would like to pay less for the first few years of coverage until he graduates
He can still obtain the desired amount of insurance for the whole of his life by purchasing:
A) limited-payment whole life
B) single premium whole life
C) deferred premium annuity life
D) convertible term
D
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When expanding the explanation of how a product or service will benefit the audience, what step of the AIDA plan is being developed?
A) Attention B) Interest C) Action D) Desire E) Interactivity
An improvement in quality must necessarily increase costs
Indicate whether the statement is true or false
According tothe Global Entrepreneurship Monitor (GEM),the most effective way to evaluate entrepreneurship levels is by phase. Acountry's total early-phase entrepreneurship rate includes the:
A. percentage of adults who have been running their own business from three months to 3.5 years. B. number of middle-aged workers who have turned into necessity entrepreneurs after being laid off from their corporate jobs. C. percentage of millennials who have decided to start their own venture after retirement. D. number of adults who have proven their entrepreneurship capabilities despite repeated failures.
A draft made out in the United States calls for payment in German marks. Which of the following statements is correct?
a. The draft is nonnegotiable since it must be paid in German marks. b. The draft is nonnegotiable because the rate of exchange fluctuates and it will interfere with the requirement that the instrument be payable in a fixed sum of money. c. The draft is negotiable if it satisfies all the requirements of negotiability under Article 3 of the UCC. d. The instrument is negotiable only if the exchange rate is written on the draft.