Identify Which of the Following Statements Is False

question 59

Multiple Choice

Identify which of the following statements is false.

• A)Life insurance can help provide liquidity for paying estate taxes.
• B)Life insurance has the potential for large appreciation.
• C)The insured does not have to be the owner of the policy.
• D)Life insurance is always part of the estate of the insured.

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Definitions:

Manifest Destiny

The 19th-century doctrine or belief that the expansion of the United States throughout the American continents was both justified and inevitable.

Divine Mission

A belief or doctrine that a person, group, or nation has been chosen by a deity or destined by fate to embark on a specific task or achieve a particular goal.

Treaty of Paris

A series of agreements signed between different sets of countries to end conflicts, with the most famous one in 1783 ending the American Revolutionary War.

Westward Expansion

The movement and settlement of European settlers and their descendants across North America, often displacing indigenous populations, during the 19th century.