A permanent life insurance policy where the policyowner pays premiums for a specified number of years is called a(n)

A) adjustable policy
B) limited pay policy
C) level term policy
D) variable universal policy

Ans: B) limited pay policy

Business

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Regarding discontinued operations, which of the following statements is correct?

A) Gains and losses on the sale of plant assets are reported as discontinued operations. B) A loss on discontinued operations is reported with an addition for the applicable income tax. C) Most analysts include the results of discontinued operations in financial analysis. D) The disposal of the financing segment of a large corporation would be reported as a discontinued operation.

Business

Which section(s) of a message have the greatest impact on the audience?

A) Visual aids B) Beginning and end C) First appearance D) Headings and subheading E) Subject line

Business