Which of the Following Is Not an Option as a Way

question 50

Multiple Choice

Which of the following is not an option as a way to use the cash value of your whole life policy?

• A) Borrow money from the policy at a low rate of interest.
• B) Cancel the policy and use the proceeds to buy term insurance in the same value as your whole life policy.
• C) Have the insurance company invest your cash value in stocks or mutual funds of your choosing.
• D) Cancel the policy and get your cash value returned to you.

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Definitions:

Precedents

Earlier events, decisions, or legal cases that serve as examples or guides for how similar future instances should be handled or judged.

Judicial Branch

The part of government responsible for interpreting the law, resolving disputes, and administering justice.

Congress

The national legislative body of a country, particularly referring to the United States Congress, which is made up of the House of Representatives and the Senate.

Civil Disobedience

The act of not obeying specific laws or avoiding the payment of taxes and penalties as a non-violent method of expressing political dissent.