Albert Had a Terminal Illness That Would Require Almost Constant

question 18

Multiple Choice

Albert had a terminal illness that would require almost constant nursing care for the remaining two years of his estimated life, according to his doctor.Albert had a life insurance policy with a face amount of $100,000.He had paid $25,000 of premiums on the policy.The insurance company has offered to pay him $80,000 to cancel the policy, although its cash surrender value was only $55,000.He accepted the $80,000.Albert used $15,000 to pay his medical expenses.Albert made a miraculous recovery and lived another 20 years.As a result of cashing in the policy:

• A)Albert must recognize $55,000 of gross income, but he has $15,000 of deductible medical expenses.
• B)Albert must recognize $65,000 ($80,000 - $15,000) of gross income.
• C)Albert must recognize $40,000 ($80,000 - $25,000 - $15,000) of gross income.
• D)Albert is not required to recognize any gross income because of his terminal illness.
• E)None of these.

Recognize the four branches of emotional intelligence.

Describe the construction and interpretation of the Wechsler Adult Intelligence Scale.

Summarize historical contributions to the development and understanding of intelligence tests.

Comprehend the importance of validity, reliability, and environmental factors in intelligence testing and interpretation.

---

Definitions:

Visitors

People who come to see or spend time with others, especially as guests or tourists.

Coping

The processes and strategies that individuals use to manage stressful situations or challenges.

Deceased's Belongings

Items and personal effects that belonged to a person who has passed away, often carrying sentimental or monetary value for the bereaved.

Hospice Services

Care designed to provide support and comfort to individuals in the final phase of a terminal illness, focusing on quality of life.