Which of the Following Statements About Life Insurance Policy Loans

question 58

Multiple Choice

Which of the following statements about life insurance policy loans is (are) true?
I.Interest is not required on a life insurance policy loan,as the policyholder is borrowing his or her own money.
II.If there is an outstanding loan when the insured dies,payment to the beneficiary is reduced by the amount of the loan.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

Analyze arguments based on evidence and logical relations.

Understand the minimal requirements for diagrams in representing argument structures.

Critique the relevance and reliability of premises in various contexts.

Understand the concept and examples of oppositional defiant disorder and how it may escalate into conduct disorder.

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Definitions:

Law Of Effect

A principle in psychology that suggests behaviors are more likely to recur if followed by positive outcomes and less likely if followed by negative outcomes.

Online Testing

The practice of administering tests or assessments over the internet, often for educational or psychological evaluation.

Biological Predispositions

Inherent tendencies or inclinations that may influence the development of behaviors, traits, or diseases.

Primary Reinforcers

Innate, biologically significant stimuli, like food and water, that satisfy physiological needs and thus reinforce behavior without prior learning.