A beneficiary decides to take the option that will pay the largest amount per payment, knowing after death no monies will be paid out to any descendents. The settlement option is:

A. Life Guaranteed
B. Life with Period Certain
C. Life Income (Straight Life)
D. Life Refund Income

Answer: C. Life Income (Straight Life)

Business

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A fundamental difference between regular marketing and global marketing is the scope of activities

Indicate whether the statement is true or false

Business

Renault and its rivals are racing to offer middle-class consumers a new value proposition by selling cars for the equivalent of $10,000 or less. On the heels of Renault's success with Dacia Logan came the $2,500 Nano from India's Tata Motors

This illustrates that: A) consumers are looking for low price irrespective of quality. B) Renault is overcharging for their cars compared to their competitors. C) higher product development costs are a driving force behind globalization. D) market success depends on reaching a threshold of acceptable quality for consumers. E) cars are not very popular in emerging markets like India.

Business