The violation of a statute that proximately causes an injury is termed as ________

Which of the following methods is considered as the last step in resolving a dispute?

A. informal settlement B. arbitration C. conciliation D. coercion E. litigation

If a policyowner purchases a $250,000 single premium whole life insurance policy and needs additional funds for retirement 6 months later,

A) he can draw on the cash value to supplement his retirement income B) he can take a loan from the policy to supplement his retirement income but must repay it within 1 year C) he can take a withdrawal but not a loan from the policy D) he cannot access the policy's cash value because there has not been enough cash value accumulation buildup in the policy"