Which of the following transactions would most likely be declined due to lack of insurable interest?

A. A parent buys insurance on their adult child
B. An employee insures their employer in the fear of losing their job
C. A spouse insures the other spouse
D. A local hospital insures its chief of surgery

Ans: B. An employee insures their employer in the fear of losing their job

Business

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a. current asset. b. investment. c. other asset. d. reduction of stockholders' equity

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The location of a website affects the cost and speed of accessing information

Indicate whether the statement is true or false

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