Identify Which of the Following Statements Is False

question 91

Multiple Choice

Identify which of the following statements is false.

• A) Life insurance can help provide liquidity for paying estate taxes.
• B) The insured does not have to be the owner of the policy.
• C) Life insurance is always part of the estate of the insured.
• D) Life insurance has the potential for large appreciation.

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Definitions:

Rapid Retirement

involves a swift transition of employees from active work to retirement, often accelerated by incentives or organizational restructuring.

Employment Levels

The quantity and types of jobs available within an organization or economy, often used to measure economic health or organizational size.

Labour Costs

The total expense incurred by an employer for the salaries, wages, and benefits of its employees.

Employee Leasing

A practice where businesses hire their workers through a third-party, transferring the administrative responsibility of employees, such as payroll and benefits, to the leasing firm.