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Which of the following statements is (are) true concerning stranger-owned life insurance (STOLI) ?
I.Life insurers welcome the sale of life insurance contracts used in STOLI arrangements.
II.At least one of the investors who purchases the policy must have an insurable interest in the insured.
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A technique in behavioral psychology used to teach new behaviors by successively reinforcing behaviors that approximate the target behavior.
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An individual who has developed a dependence on a substance, leading to psychological and/or physical addiction.
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