Which of the Following Is Not One of the Parties

question 69

Multiple Choice

Which of the following is not one of the parties to a standard life insurance contract?

• A) owner
• B) insurance company
• C) insurance broker
• D) insured
• E) beneficiary

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Definitions:

Performance Goals

Targets or objectives set with the aim of achieving a specific standard of proficiency or achievement in performance-based activities.

Rewards and Punishments

Methods used in behavior management, aiming to encourage desirable actions through rewards and discourage undesired actions through punishments.

Similarity

The degree to which two or more things are alike, sharing attributes, characteristics, or qualities.

World Views

Broad beliefs and perspectives through which individuals interpret and understand the world around them.