The main components that make up the stockholder's equity section of the balance sheet are_________________ and _______________________

As labor force trends continue to change

A. the workforce will become more diverse. B. older workers will retire earlier. C. many skills will become obsolete. D. younger workers will be propelled into leadership positions earlier.

Which of the following statements about the grace period in a whole life insurance contract is (are) true?

I. The purpose of the grace period is to prevent the policy from lapsing by giving the policyowner additional time to pay an overdue premium. II. If the insured dies during the grace period, the death benefit is reduced by 50 percent. A) I only B) II only C) both I and II D) neither I nor II