The market ________ policy distinguishes a company from competition by compensating employees less than most competitors

Of the following, which is a situation that could result in the conditional receipt becoming void?

A) The applicant dies after the policy is issued. B) The applicant is found to be a substandard risk. C) The applicant's policy is issued as applied for. D) The applicant dies before the policy is issued."

The basic element of a security that when combined with a derivative creates a hybrid security. For example, a debt security is the host security of a convertible bond.

(a) embedded derivative (b) Fair Value Adjustment (c) holding gain or loss (d) host security