Which term refers to a labor action in which employees temporarily walk off the job and refuse to work?
A) Strike
B) Lockout
C) Boycott
D) Mediation
E) Bargaining
Answer: A
Explanation: A) Most strikes in the United States are economic strikes, triggered by stalemates over mandatory bargaining items including such issues as working hours.
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To protect policyholders, state laws place limitations on a life insurance company's investments
The assets backing interest-sensitive products, such as variable life insurance and variable annuities, are not subject to these restrictions. Assets backing interest-sensitive products are placed in a special account called the life insurer's A) policy reserve account. B) policy loan account. C) separate account. D) policyholders surplus.
About one-half of individuals in a given age grouping are likely to die before reaching their life expectancy
Indicate whether the statement is true or false