Which of the Following Statements Is (Are)true Regarding Exclusions in Life

question 18

Multiple Choice

Which of the following statements is (are) true regarding exclusions in life insurance contracts?
I.Life insurance policies are remarkably restrictive,including numerous exclusions.
II.A life insurer may exclude death attributable to certain activities or hobbies disclosed on the application.

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

Understand the concept of leverage (trading on equity) and its impact on shareholder returns.

Learn how to calculate and use inventory turnover ratio to assess a company's inventory management efficiency.

Master the calculation of earnings per share (EPS) and recognize its value in gauging company profitability.

Understand the use of profitability ratios (profit margin, return on assets) in assessing overall company performance.

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Definitions:

Technician A

A designation used in automotive and other technical fields, typically representing a specific level of certification or expertise in diagnostic or repair skills.

J1939 Message Packets

Data packets defined by the J1939 standard, used in heavy-duty vehicle networks for communicating information such as engine data, diagnostics, and control commands.

Broadcast

means the transmission of information, such as radio or television signals, over a wide area to be received by a broad audience.

Truck Data Bus

A communication system within a truck that allows for the exchange of data between electronic control units (ECUs) and devices.