If a policy loan has not been repaid by the time the insured dies, the amount paid is reduced.

The maker of Mayfield ice cream simply states, "It is the best you've ever tasted." This is an example of how a product creates which of the following?

a. a promotional theme b. a comparative differentiation c. a competitive advantage d. a unique selling proposition

A brother and sister owned a property as joint tenants. All of their other finances were separate. If the brother died with a large amount of debt, the creditors would:

A. place an attachment lien only on the property that was owned in joint tenancy B. place an attachment lien on all property owned by the sister C. ask the probate court to order the property sold in order to satisfy the debts D. obtain no satisfaction, since the property was transferred to the sister without being encumbered by the brother's debts