Which statement is true regarding policy dividends?
A) Dividends are always guaranteed
B) Nonparticipating policies issue dividends
C) Dividends are always taxable
D) A dividend option is selected by the insured at the time of policy purchase
Ans: D) A dividend option is selected by the insured at the time of policy purchase
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The EPA (Environmental Protection Agency) administers the NEPA (National Environmental Policy Act) and has the authority to adopt regulations for the enforcement of the act
Indicate whether the statement is true or false
Which of the following is a benefit to investing in a mutual fund?
A) Most small investors don't have the time, knowledge or desire to do the research necessary to purchase individual stocks. B) Mutual fund transaction fees are considerably lower than the brokerage fees most small investors incur buying and selling individual stocks. C) Most small investors want to be able to invest relatively small amounts of money on a regular basis. D) All of the above are correct. E) Only A and B are correct.