Which of the Following Is Not a Reason Why a Business

question 28

Multiple Choice

Which of the following is not a reason why a business may buy life insurance?

• A)So that it has funds to provide for the replacement of a key person
• B)To diversify assets
• C)To eliminate taxes
• D)Both a and b
• E)Both b and c

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Definitions:

Child's Fear

The feeling of anxiety or dread experienced by a child when facing unfamiliar, challenging, or threatening situations.

High-profile Deviance

High-profile deviance refers to actions by individuals or entities that are widely known and go against societal norms, often attracting public attention or scandal.

Blame-free Environment

A work culture where individuals are encouraged to report mistakes without fear of punishment, facilitating open communication and continuous improvement.

Core Business

The primary area of activity within an organization that is central to its identity and typically generates the majority of its revenue.