Heather wants her $85,000 life insurance policy arranged to pay her spouse a monthly income if she dies first, but most or all of the proceeds to go to their 2 children after her spouse's death. Which of the following settlement options could Heather select to provide income for her spouse and conserve the proceeds for the children?
A) Fixed-period option
B) Fixed-amount option
C) Life income option
D) Interest-only option"
Ans: D) Interest-only option"
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A subsidiary owns shares of its parent company. Which of the following is true concerning the treasury stock approach?
A) it is one of several options to account for mutual holdings available under current accounting standards. B) The original cost of the subsidiary's investment is a reduction in consolidated stockholders' equity. C) The subsidiary accrues income on its investment by using the equity method. D) the treasury stock approach eliminates these shares entirely within the consolidation process.
Discuss the social and ethical concerns that the boom in digital technology has created for marketers
What will be an ideal response?