Like the income statement, the balance sheet reports the assets and liabilities of an organization over some period of time.

Which of the following is not one of the needed elements of an unconscionable contract?

A) No reasonable alternative for the oppressed party B) Parties possessing severely unequal bargaining power C) An unreasonably short period of time for the oppressed party to perform D) The dominant party's unreasonable use of that bargaining power to obtain oppressive or manifestly unfair terms

Term life insurance and whole life insurance both provide a savings element in addition to

providing coverage for the insured's life. Indicate whether the statement is true or false