Which of the Following Statements About the Ownership of a Life

question 41

Multiple Choice

Which of the following statements about the ownership of a life insurance policy is (are) true?
I.Under the ownership clause,the policyowner and beneficiary equally share all contractual rights in the policy while the insured is living.
II.The policyowner can designate a new owner by filing an appropriate form with the insurance company.

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

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Definitions:

Meiotic Nondisjunction

An error in meiosis where chromosomes do not separate properly, leading to gametes with an abnormal number of chromosomes, which can cause genetic disorders.

Fragile Site

A weak point at a specific location on a chromosome where part of a chromatid appears attached to the rest of the chromosome by a thin thread of DNA.

Genomic Imprinting

A genetic occurrence whereby specific genes are manifested based on which parent they were inherited from.

Aneuploidies Viability

The survival and reproductive success of organisms with aneuploidy, a condition of having an abnormal number of chromosomes, which can affect health and development.