Which of the following would be considered a low liquidity investment?

a. Warrants
b. Call options
c. Zero coupon bonds
d. Balanced mutual funds
e. Diamonds

E

Business

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Joanne has a $100,000 whole life policy with an accumulated $25,000 of cash value. She would like to borrow $15,000 against the cash value. Which of the following statements is TRUE?

A) Net death benefit will be reduced if the loan is not repaid B) No interest will be charged on loan balance C) Term life policies are the only type of insurance that allows policy loans D) A loan can be taken out for up to the face amount of the policy

Business

Research about the difference between male and female managers indicates that women are generally less effective leaders, but excellent managers

a. true b. false

Business