Susan, the beneficiary on John's $500,000 life policy, chose life-only as her settlement option. Susan received 5 years of settlement checks from the insurance company, totaling $150,000. How much will Susan's beneficiary receive upon her death?
A) Nothing, because life-only states that when the beneficiary dies, any remaining death benefit is kept by the insurance company
B) Susan's beneficiary will receive checks for the rest of his life
C) $350,000 minus taxes and fees
D) 350000"
Ans: A) Nothing, because life-only states that when the beneficiary dies, any remaining death benefit is kept by the insurance company
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An instructor teaching an introductory course in marketing has 300 students enrolled in her class. Some students in the class request the instructor to cancel her class on Wednesday before Thanksgiving. She agrees to do so if 70 percent of the students agreed with the proposal to cancel the class. Instead of asking every student to participate in the poll, she asks students to write their names on index cards and put them in a collection basket. She then asks a student to pull out 30 cards from the basket without looking at the basket or the cards. The instructor is practicing what kind of sampling technique?
a. Systematic random sample b. Simple random sample c. Stratified random sample d. Convenience sample e. Judgment sample
The researcher should rely on ________ to determine which variables should be investigated
A) objective evidence B) theory C) an analytical model D) all of the above