Alecia buys a life insurance policy and names her spouse, Max, as a beneficiary. Alecia's children, Rosa and Manuel, are to share the benefits equally if Max dies before her. Her church is to receive the proceeds if her spouse and children predecease her. How would the proceeds of Alecia's policy be distributed if both her children predecease her?
A) Max would receive 75% of the proceeds and the church would receive 25%
B) The church would receive 100% of the proceeds
C) Max and the church would each receive 50% of the proceeds
D) Max would receive 100% of the proceeds"
Ans: D) Max would receive 100% of the proceeds"
Business
You might also like to view...
Which technique would accelerate the completion of a project?
A) Hammocking B) Bursting C) Laddering D) Passing
Business
A professor is expected to cover 16 chapters in an operations management text each semester. One semester the professor dismisses class 30 minutes early every Monday and Friday and is able to cover only 12 chapters. What is the professor's efficiency?
A) 75% B) 4 C) 133% D) -4
Business