The asked rate is also known as the selling rate or the offer rate

Indicate whether the statement is true or false

TRUE

Business

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An insured has a terminal illness and needs access to 1/3 of his death benefit to pay mounting medical expenses. Which rider would meet the insured's current needs?

A. Automatic Premium Loan B. Accelerated (Living) Benefit C. Assignment of Benefits D. Payor Benefit

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Procter & Gamble ran a repeat-purchase-oriented promotion for its Pampers brand of disposable diapers, where parents obtained points from each purchase redeemable for Fisher-Price toys. This is an example of:

A) sampling. B) premiums. C) spiffs. D) rebates.

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