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kirill115 [55]
3 years ago
11

All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group

of answer choices The frequency of premium payments can be changed. Policy loans are permitted on an interest-free basis. The death benefit can be increased with evidence of insurability. Premium payments can be any amount provided there is sufficient cash value to keep the policy in force.
Business
1 answer:
miv72 [106K]3 years ago
5 0

Answer:

Policy loans are permitted on an interest-free basis.

Explanation:

The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person

So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest

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Profit is best described as Multiple Choice revenues plus expenses, less taxes. the funds available for business growth, after e
Rudik [331]

Answer:

the funds available for business growth, after expenses and salaries are paid.

Explanation:

Mainly profit is the earnings that calculated after paying all the types of expenses and it could be used for growing the business

So according to the given options the second one is correct as it represent that the profit is the fund that available for the growth of the business after pay off all the expenses

So the same is to be relevant

8 0
3 years ago
Alan tells Sherry that he will pay her $5,000 if she runs the Boston Marathon. Once Sherry starts running the marathon, Alan, le
iragen [17]

Answer:

can revoke the contract as informal verbal agreements are not binding

Explanation:

Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other

So as per the given situation, the above statement should be considered

8 0
3 years ago
g Liabilities of the commercial banking system include Question 69 options: A) deposits. B) loans and deposits. C) reserves and
netineya [11]

Answer:

A) deposits

Explanation:

In the case of the commercial banking system, the  liabilities is deposits as the deposit is the amount of the depositors

So as per the given situation, the option A is correct as the deposits represents the commercial banking liabilities

hence, all the other options are incorrect

Therefore, the same is to be considered

8 0
3 years ago
What is primary socialization​
Ostrovityanka [42]

Answer:

Primary socialization occurs early in a child's life and is primarily due to the influence of family and close friends. Through primary socialization, a child learns basic societal norms and customs. Toilet training is an example of primary socialization.

Explanation:

8 0
2 years ago
Suppose that in 1984 the total output in a single good economy was 12,000 buckets of chicken. Also assume that in 1984 each buck
xxMikexx [17]

Answer:

The GDP price index for 1984 using 2005 as the base year was 80%

Explanation:

The GDP price index:

X/100 = $16/$20

X = 80%

Therefore, The GDP price index for 1984 using 2005 as the base year was 80%

6 0
3 years ago
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