Which of the following statements best defines why an applicant would want to backdate an insurance application?
A) To take advantage of higher interest rates in place at the earlier date
B) To have the policy's premium based on the insured's age at the earlier date
C) To create a larger cash value upon policy issue
D) To move the policy issue date ahead of a disqualifying event, such as a diagnosis of a terminal disease"
Ans: B) To have the policy's premium based on the insured's age at the earlier date
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Which one of the following people would LEAST likely be considered a "knowledge worker"?
A) someone who performs research to discover new information B) someone who takes current research and uses it to facilitate a task C) someone who relays information from one party to another without changing it D) someone who puts information in a format that allows others to access it E) someone who uses information to solve a problem
What type of interview has potential legal problems because of the likelihood of discussing potentially discriminatory information?
A) structured B) unstructured C) stress D) directive