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:

Landlords Leaving

The phenomenon where property owners exit the rental market, which can be due to various factors including regulatory changes or shifts in market conditions.

Binding Price Ceiling

A maximum price set by the government below the equilibrium price, causing shortages.

Lower Quality

Refers to products or services that do not meet the expected standards or performance criteria compared to others in the market.

Price Ceilings

Legally imposed maximum prices on goods or services that aim to keep them affordable for consumers, which can lead to shortages if set below the market equilibrium.