Jordan wants to set aside money so that his grandchildren's college tuition will be paid. While he is only 58, he is concerned that if he dies too young, he will not have had enough years to accumulate assets. What is Jordan's reason for purchasing life insurance?

A) Mortgage payoff
B) Estate creation
C) Liquidity
D) Estate conservation"

Ans: B) Estate creation

Business

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Jason and Eduardo are both candidates for the same job. Jason interviews first and has all the right answers to the questions from the interviewer. He is very dynamic during the interview but his background does not fit the job as closely as the backgrounds of other candidates. The interviewer scores him high on the interview. Eduardo has good answers to the questions and the right background, but isn't as dynamic in his responses as Jason. The interviewer scores him average on the interview. Jason gets the job. Which type of bias appears to be a concern in this situation?

A. Devil's horns effect B. Halo effect C. Engagement management D. Construct effect

Business

When selecting persons for overseas assignments, which attribute is least desired?

a. flexibility b. apathy c. tolerance of ambiguity d. high self-esteem

Business