Which of the Following Is Not an Example of a Hostile

question 57

Multiple Choice

Which of the following is not an example of a hostile fire?

• A)house burns down
• B)automobile is destroyed by arson
• C)fire in the fireplace destroys a valuable paper accidentally used to start the fire
• D)fire starts on a couch when a cigarette falls on it

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Definitions:

Trust Fund

A legal arrangement in which assets are held by a third party for the benefit of another party, often used for estate planning and to manage wealth.

Annual Return

The percentage change in investment value over a one-year period, accounting for any dividends or interest received and capital gains or losses.

Retirement Nest Egg

A retirement nest egg is the amount of savings and investments that an individual has accumulated for their retirement years.

Compounding Of Interest

The process where interest is earned on both the initial principal and on the accumulated interest from previous periods.