Which of the following statements about second-to-die life insurance is (are) true?
I. The insurance is a form of endowment coverage.
II. The premium is lower than the combined cost of purchasing a life insurance policy on each insured.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
Business
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Marx gets to one of his barns by driving across McDonald's land. He has been making the drive daily for the past six years. McDonald had often asked Marx to stop this practice. Marx now says he has a legal right to continue this use of McDonald's land. Marx's right, if valid, is an easement by
A. necessity. B. implied grant. C. prescription. D. defeasance.
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Benefits of knowledge management include
A) reducing cost and risk. B) improved decision making. C) reduced cost of employee training. D) all of the above.
Business