The Distinction Between Needs and Motives Involves

question 40

Multiple Choice

The distinction between needs and motives involves:

• A) that motives are more closely related to behavior.
• B) whether the construct is quantifiable.
• C) whether the desired object is tangible or intangible.
• D) that motives are unrelated to behavior.

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Definitions:

Ordinary Annuity

An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time.

Deferred Annuity

An insurance product that provides for the accumulation of capital on a tax-deferred basis, with payouts commencing at a future date, typically used as a retirement planning tool.

Ordinary Annuity

A series of equal payments made at regular intervals, with the typical assumption that each payment occurs at the end of a period.

Deferred Annuity

An insurance product that provides future payments to the holder, typically starting at retirement, after an initial investment period.