A policyowner may change two policy features on what type of life insurance?

Tommy Baker is in charge of CRM for American Pie Nostalgia. As a result of his successful efforts in this area, his firm will likely enjoy all of the following EXCEPT ________

A) providing higher levels of customer services B) developing deeper customer relationships C) creating offers tailored to specific customer requirements D) understanding the competition better E) identifying trends in customer concerns

David has put together a limited partnership to invest in oil exploration. He wants to sell

limited partnership interests to investors. David plans to sell these interests to both accredited and nonaccredited investors. Which of the following best describes the status of David's partnership interests as to the 1933 Securities Act? A) This transaction is exempt as a private placement, only if David sells to no more than 35 accredited investors B) This transaction is exempt as a private placement C) This transaction is exempt as a private placement, only if David sells no more than $1.5 million worth of securities D) This transaction is exempt as a private placement, only if David sells to no more than 35 nonaccredited investors E) Limited partnership interests are not securities under the 1933 Act, so David is exempt