Which of the Following Statements About the Needs Approach for Estimating

question 48

Multiple Choice

Which of the following statements about the needs approach for estimating the amount of life insurance to purchase is (are) true?
I.It involves an analysis of various family needs which must be met if a family breadwinner dies.
II.Its use is appropriate only if a person currently has no life insurance protection.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Capitalization

The writing of a word with its first letter in uppercase and the remaining letters in lowercase.

Civil Rights Movement

The social and political campaign in the United States aimed at ending racial segregation and discrimination against African Americans, primarily in the 1950s and 1960s.

Capitalization

Refers to the writing of a word with its first letter in uppercase and the remaining letters in lowercase, applicable to proper nouns and certain other cases.

West Street

Typically refers to a specific street name that could be found in various cities or towns, often designated by its western location or direction.