Mr. Jiminez wants his 16 year old son to buy a life insurance policy as an investment for college. He asks you if it is legal for a minor child to purchase and own life insurance. You correctly respond by saying:
A) minors never have capacity to enter contracts
B) minors always have capacity to enter contracts
C) the courts have ruled that it is illegal for minors to purchase life insurance
D) the courts have ruled both ways on minors' ability to own life insurance
D
Business
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When a country cannot services its foreign debt obligations in either the private sector or government, it is involved in a _____ crisis.
Fill in the blank(s) with the appropriate word(s).
Business
Because customers almost always have objections during the presentation or closing step of the selling process, all salespeople should anticipate and be prepared to respond to objections
Indicate whether the statement is true or false
Business