Which of the Following Is the Sale of a Terminally

question 4

Multiple Choice

Which of the following is the sale of a terminally ill person's life insurance contract to a third-party business?

• A)Accelerated Benefit rider.
• B)Insurability protection rider.
• C)Life Settlement.
• D)Viatical Settlement.

---

Definitions:

Stratification

The hierarchical arrangement of individuals or groups in society based on wealth, power, race, or other criteria.

Life Chances

A term used by sociologist Max Weber to describe the opportunities individuals have to improve their quality of life through access to resources such as education, healthcare, and employment.

Caste Systems

A form of social stratification characterized by hereditary ranks, usually religiously dictated, and often associated with a particular occupation.

Equality

A principle regarding the equal treatment and impartiality towards all individuals, often in the context of rights, status, and opportunities.