The Text Mentioned Several Reasons for Purchasing "Business" Life Insurance

question 5

Multiple Choice

The text mentioned several reasons for purchasing "business" life insurance.Which of the following reasons was NOT mentioned?

• A)business continuation
• B)fringe benefits
• C)key person insurance
• D)protection from creditor's claims

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Definitions:

Referents of the Concept

Objects, events, or entities that a concept or term refers to or includes within its scope.

Narrow Definition

A precise and specific explanation of a term or concept that aims to capture only a limited aspect of its meaning or use.

Too Narrow

A term describing definitions or categorizations that are overly restrictive and exclude elements that should be included.

Domesticated Form

A term that refers to the condition or state of animals or plants that have been tamed and bred by humans for various purposes such as companionship, food, work, or clothing.