All of the following statements about survivorship life are true, except:
A. They are particularly well suited to help families deal with estate tax burdens.
B. The face amounts are often for $1,000,000 or more.
C. The face amount is payable after the first death.
D. As a form of joint life, it covers two individuals on the same policy.
Ans: C. The face amount is payable after the first death.
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Which of the following statements is true about the economies of Africa?
A) South Africa's main export is oil. B) Nigeria is an upper-middle income country. C) Nigeria and South Africa, account for over two-thirds of sub-Saharan African GDP. D) South Africa is the largest country in Africa, and has a lower-middle income economy.
Why is the performance review meeting considered the "Achilles' heel of the entire process"?
What will be an ideal response?