Answer: The plan is funded by permanent insurance only;
Explanation:
Key person insurance simokt refers to a form of life insurance policy whereby a death benefit is provided to a business when there's death if the owners or a key employee.
The key employee is the insured, the employer is is the owner, payor and beneficiary of the policy.
From the options given, we should note that key person insurance is not funded by permanent insurance only. Therefore, the correct option is B.
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Answer:
c... converting indigenous peoples to roman Catholicism was a major motivation for Spain, whereas Great Britain emphasized economic and political control
Explanation:
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Commitment to a decision could assist you to thrive above your competitors and adapt to the changes that arise in the entrepreneur business.
<h3>What do we mean by the term commitment?</h3>
By the term commitment, we mean an individual that is dedicated to a particular cause, to achieve the desired goal and a lifetime objective.
As a school leaver intending to transcend into business and become an entrepreneur. It is required that you stay committed to a decision because this will assist you to:
- Know and Learn the rudiments of your business
- Helps you in making informed choices to scale your business
Even days you do feel like doing anything, once you're committed to your business, it becomes a lifestyle and you become consistent in it.
With that, you will be able to thrive above your competitors in the same niche once you're committed to it and adapt to the changes that arise with entrepreneurship.
Learn more about commitment here:
brainly.com/question/472211