Which of the following policyowner rights relates directly to the cash value of permanent insurance?
A) Right to assign proceeds
B) Right to change premium mode
C) Right to name beneficiaries
D) Right to take a policy loan"
Ans: D) Right to take a policy loan"
Business
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The difference between the actual value of a property and the total amount of liens against the property would be:
a. The sale price b. The owner's equity c. The taxable value d. The assessed value
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Which of the following fosters specialization and worldwide supply chains?
A) more expensive transportation B) instant communication C) economies of scope D) managers with a broad knowledge of many things E) high trade tariffs
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