Identify Which of the Following Statements Is False

question 59

Multiple Choice

Identify which of the following statements is false.

• A)Life insurance can help provide liquidity for paying estate taxes.
• B)Life insurance has the potential for large appreciation.
• C)The insured does not have to be the owner of the policy.
• D)Life insurance is always part of the estate of the insured.

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Definitions:

Excellent Health

A term used to describe a state of optimal physical and mental well-being.

Probability

A measure of the likelihood or chance that a particular event will occur, expressed as a number between 0 and 1.

Nuclear Power

A form of energy produced by splitting atomic nuclei, used in power plants to generate electricity without emitting greenhouse gases.

Foul Shots

In basketball, free throws awarded to a player following a foul by the opponent, providing an opportunity to score points unopposed from the free-throw line.