Bill Wants to Buy a New Car

question 41

Multiple Choice

Bill wants to buy a new car.He goes to the bank to get a loan for the purchase, and signs an agreement to pay $10.00 per month in premiums on a term life insurance policy which names the bank as the recipient of the policy proceeds in the event of his death before the loan is repaid.The bank is a(n) :

• A)incidental beneficiary.
• B)creditor beneficiary.
• C)donee beneficiary.
• D)assignee.

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Definitions:

Nondirective Therapy

A form of psychotherapy where the therapist does not give advice or directives but helps the client explore and express their feelings.

Fixation

An obsessive interest or feeling towards a particular object or idea that can lead to developmental issues in psychoanalytic theory.

Physician

A physician is a medical professional who diagnoses, treats, and helps prevent diseases and injuries in patients, often holding a degree in medicine.

Psychoanalysis

A therapeutic approach and theory of personality developed by Freud, focusing on unconscious motives and conflicts.