Which of the following is an irrelevant cost when considering where to drop a customer?

With life, accident, and health insurance, an insured's oral misrepresentation or false warranty will NOT void a policy unless

A) the insured has more than 1 policy with the same company B) the insured agrees to drop the policy C) there was intent to deceive or it materially affects the insurer's decision to accept the risk D) the policy has been in force less than 1 year"

Which of the following statements about withdrawals from Section 401(k) plans is (are) true? I. The penalty tax does not apply to hardship withdrawals. II. Withdrawals may be made without penalty at age 59.5 or older

A) I only B) II only C) both I and II D) neither I nor II