A limited liability company can be taxed as a partnership

The ability to add debt financing to the current borrowing of the firm and be able to make interest and principal repayments on time is known as the firm's debt-to-equity ratio

Indicate whether the statement is true or false.

Javier Jimenez was pleasantly surprised to find out that within three to five years after expiration of a previous life insurance policy, he can

A) change beneficiaries. B) void the grace period. C) reinstate the policy subject to current qualifications. D) change the incontestability clause. E) both A and D above.