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:

Production Costs

The total expenses incurred in the process of making or manufacturing goods, including materials, labor, and overhead costs.