When a company recognizes the portion of supplies used during a year, the effect is to decrease net income

Samiya purchased a $500,000 life policy from LHC Insurance Company at the age of 35. At her death the insurance company discovered that her primary beneficiary was older than Samiya had stated on the application. How much will Samiya's beneficiary receive?

A) 250000 B) 500000 C) Nothing D) The full amount of the benefits, but the policyowner's estate must pay a fine"

As part of a lawsuit based on negligence, a plaintiff's spouse may have a cause of action for loss

of consortium based on negligent injury to the plaintiff. Indicate whether the statement is true or false