Lighter-toned Hispanics, East Asians, and Asians, among others, all have experienced serious color issues within their cultures.

a. true
b. false

a. true

Color has been a divisive issue for as long as African-Americans have been in the United States, and it still is. As other ethnicities have joined the mix, it is clear that color is an issue with them also. Lighter-toned Hispanics, East Asians, and Asians, among others, all have experienced serious color issues within their cultures.

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Mary is concerned that inflation will reduce the purchasing power of her life insurance proceeds when she dies. To provide protection against this risk, she added a rider to her policy that allows her to purchase one-year term insurance equal to the cumulative change in the consumer price index from the issue date of the policy. This provision is called a:

(a) Cost-of-living rider (b) Guaranteed purchase option (c) Waiver-of-premium provision (d) Change of plan provision

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An investment vehicle that adjusts asset weights over time is an asset allocation mutual fund

Indicate whether the statement is true or false.

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