Bruce,age 62,was Approached by a Representative of a Group of Investors.The

question 16

Multiple Choice

Bruce,age 62,was approached by a representative of a group of investors.The representative asked Bruce to purchase a large life insurance policy which the investor group would purchase from Bruce.Bruce doesn't need life insurance.The investor representative told Bruce to tell the agent he needed the policy for estate liquidity.Bruce purchased the policy,and then sold it to the investor group.The arrangement described in this scenario is called a(n)

• A)stranger-owned life insurance policy.
• B)life settlement.
• C)absolute assignment of a life insurance policy.
• D)viatical settlement.

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Definitions:

Trimethylcyclohexane Isomers

Different structural forms of the compound trimethylcyclohexane, which differ in the position of the methyl groups attached to the cyclohexane ring.

NMR

Nuclear Magnetic Resonance (NMR) is an analytical technique used to determine the structure of molecules by observing the interaction of atomic nuclei with magnetic fields.

Molecular Formula

A representation of the types and numbers of atoms in a molecule without indicating how they are bonded together.

IR

Infrared spectroscopy, a technique used to identify and study chemicals through their absorption of infrared light.