The best description of "universal life" insurance is that it is
A)
a combination of term insurance and tax-deferred savings.
B)
insurance for a large number (universe) of people at reduced rates.
C)
total family coverage, protecting husband, wife, and dependents.
D)
a policy that provides for inter-generational transfers.
A
Business
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Notes of appreciation, awards, and gift certificates given to reward employees for accomplishing or surpassing established objectives are all examples of:
A. cashless bonuses B. fringe benefits C. psychographic payments D. supplemental salary E. performance bonuses
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The retail ownership form that has the greatest capacity for raising funds through the sale of stock is a _____
a. sole proprietorship b. corporation c. partnership d. franchise
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