For how long is the copyright protection provided to individuals under the Copyright Term Extension Act of 1998?

A) Individuals are granted 120 years copyright protection from the year of first publication of the work.
B) Individuals are granted 95 years copyright protection from the year of creation of the work.
C) Individuals are granted copyright protection for their lifetime plus 70 years.
D) Individuals are granted 20 years of copyright protection, after which it has to be renewed for a fee.

C

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The statement which best describes the relationship between the premiums of a whole life policy and the premium payment period is

A) The shorter the payment period, the lower the premium B) The longer the payment period, the higher the premium C) The shorter the payment period, the higher the premium D) The payment period has no affect on the premium payment

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All of these are characteristics of a universal life insurance policy EXCEPT

A) Flexible death benefit B) Fixed surrender value C) Flexible premiums D) Builds cash value

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