Your final tax liability equals your initial tax liability minus any tax credits

Disclosure requirements in the life insurance solicitation regulation mandate that prospective purchasers be given a:

A) Notice to Purchasers. B) buyer's guide and policy summary. C) written policy guarantee. D) conditional receipt.

A buyer's settlement statement includes:

a. only prorations chargeable to the buyer b. the borrower's loan application c. loan origination fees d. all encumbrances of record