Over the Years Rianna Paid $65,000 in Premiums on a Life

question 81

Multiple Choice

Over the years Rianna paid $65,000 in premiums on a life insurance policy with a face value of $100,000.Upon reaching 65,while still in good health,Rianna surrendered the policy and collected $95,000.In the year of collection,Rianna will report

• A)no income.
• B)$30,000 of taxable income.
• C)$5,000 of tax loss.
• D)$95,000 of taxable income.

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Definitions:

Social Constructionists

Scholars and theorists who argue that many aspects of social reality and identity, including race, gender, and sexuality, are constructed through social processes and interactions.

Gender Differences

This term refers to the distinctions in characteristics, roles, behaviors, and biological attributes typically associated with being male or female in a society or culture.

Gender Ideology

A system of thoughts and values that legitimates gender roles, statuses, and expectations in society.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.