This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: All of the following are defects which limit the usefulness of the human life value approach in ... (Read 62 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: Jul 11, 2018
All of the following are defects which limit the usefulness of the human life value approach in determining the correct amount of life insurance to purchase EXCEPT
 
  A) The effects of inflation are ignored.
  B) Other sources of income for survivors are ignored.
  C) Earnings are assumed to remain constant.
  D) Earnings during the individual's productive lifetime are ignored.

Question 2

Which of the following is a cost/expense that an estate clearance fund is designed to pay?
 
  A) burial expenses
  B) retiring the mortgage
  C) education costs
  D) income for the widow(er) during the readjustment period


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A


meagbuch

  • Member
  • Posts: 568
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Seven characteristics are common to all life Seven characteristics are common to all life
Spectral sensitivity of the human cone opsins Spectral sensitivity of the human cone opsins
It is difficult for Americans to grasp the depth of the poverty that is the everyday life of ... It is difficult for Americans to grasp the depth of the poverty that is the everyday life of ...
Human eye anatomy. Human eye anatomy.
The energy cycle of life The energy cycle of life
DDT impact on human health DDT impact on human health
Video: Language Areas Animation

For a complete list of videos, visit our video library