As a rule, short-term investment strategies are more speculative than long-term investment

An employee has lost access to their group term life insurance plan, but they are allowed to convert to a new plan. Which best describes this new plan?

A. The new policy will be term life. The employee pays all premiums. B. The new policy will be term life. The employer will pay a portion of the cost. C. The new policy will be cash value. The employer will pay a portion of the cost. D. The new policy will be cash value. The employee pays all the premiums

All of the following are true of promoters of a corporation EXCEPT:

a. They solicit investors to begin the corporation. b. They prepare the formal documents of incorporation. c. They may make contracts in the name of the corporation. d. They continue to solicit capital whenever needed after incorporation.