Which of the Following Would Most Strongly Support the Decision

question 7

Multiple Choice

Which of the following would most strongly support the decision to purchase key-person life insurance by a firm?

• A) the age of each key-person involved in the ownership of the business
• B) the extent of the ownership held by each key person
• C) a means of financing the purchase of a deceased shareholder's interest
• D) the financial ability of the business to pay the premiums

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Definitions:

Sources

Origin or point of beginning for anything, often referring to the origins of information, funding, or materials.

Personal Experience

The unique set of events and interactions an individual goes through in their life, shaping their perceptions, beliefs, and knowledge.

Organisation Development Interventions

Planned efforts to improve an organization's effectiveness, health, or capacity through changes in processes, culture, or structure.

Individual

A single human being as distinct from a group, class, or family.