Due to a large inheritance, a Life Insurance policy owner no longer requires the policy and agrees to sell it to a third party for more than its cash value. This type of transaction is called a Life Settlement.
<h3>What is the Purpose of a Life Settlement Contract?</h3>
The Life Settlement Contract is simply a contract that transfers the insurance cover afforded by the Life Insurance Policy form one person to another.
The life assured of the new holder of the policyholder becomes eligible to receive the benefits of the policy when the insured dies while the policyholder takes responsibility for payment of premiums.
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Answer:
A
Explanation:
Revenue is what you make
Budget is what you can spend
Expenditure is what you spend
Accountability and behaviour
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D. third parties IS THE RIGHT CHOICE This is not a major contributing factor in party realignment.
Third parties bring important issues to the major parties' attention. They are also frequently used as cliffhangers in the elections in which they participate.
How do political parties work with the state and local governments to keep new parties from forming?
Election laws make it more difficult to appear on the ballot, and the Electoral College makes it more difficult for third parties to participate.
What are the benefits and pitfalls of partisan polarization?
Supportive: Gives voters a wide range of choices.
slightly negative: Moderates do not vote or take part in government, which exacerbates party controversy.
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