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:

Duty To Warn

The legal obligation to inform others of a known danger or risk to prevent harm.

High Blood Pressure

A medical condition in which the force of the blood against the artery walls is too high, often leading to health problems.

Over-The-Counter Drug

Medications that are legally sold directly to consumers without a prescription from a healthcare professional.

Risk-Utility Test

A legal principle used to determine if the design of a product is defective by weighing the product's risk against its utility or benefit.