Procedures such as a cutoff test and a search for unrecorded liabilities are related to subsequent events

A corporation formed in one country but doing business in the United States is referred to in the United States as a(n) ________ corporation

A) domestic B) alien C) foreign D) Subchapter S

The guaranteed insurability option allows the insured to:

A) purchase additional amounts of life insurance without proof of insurability B) purchase life insurance for his friends without proof of insurability C) retain coverage even if the insurer learns that the insured lied on the insurance application D) receive a discount for taking an extensive physical examination before coverage begins