A Plan That Insures a Large Number of Persons Under

question 152

Multiple Choice

A plan that insures a large number of persons under the terms of a single policy without requiring medical examinations is called a(n) ____________ life insurance policy plan.

• A) individual
• B) whole
• C) large number
• D) permanent
• E) group

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Definitions:

Codetermination

A practice where workers have the right to participate in management decisions within a company, commonly found in European countries.

Human Relations

The study and management of interactions and relationships between individuals, especially in the workplace.

Cooperative Business Ownership

A business model owned and operated by a group of individuals for their mutual benefit, where decisions and profits are shared among the members.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or dependence.