Relative to insurance, when a payout arrangement is made in which one receives all benefits in a single payment, this is called a

A) cash payout.
B) lump-sum option.
C) single distribution plan.
D) point plan.
E) none of the above.

Answer: B

Business

You might also like to view...

Cord cutters and cord shavers are shrinking the number of pay TV households yearly by approximately:

A) 1%. B) 5%. C) 10%. D) 15%.

Business

Arrange the components of an information system in the correct order based on difficulty and disruption

What will be an ideal response?

Business