Renee Warning Has a Life Insurance Policy Where the Payments

question 52

Multiple Choice

Renee Warning has a life insurance policy where the payments to beneficiaries get smaller as time passes.What type of term life insurance does Renee likely have?

• A)Straight
• B)Renewable
• C)Convertible
• D)Decreasing
• E)Accelerated

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Definitions:

Esteem Need

A human's desire for respect, self-esteem, and esteem from others.

Hygiene Factors

Factors related to the work environment that do not necessarily motivate employees if present but can cause dissatisfaction if missing, as identified in Herzberg's Two-Factor Theory.

Herzberg's Two-Factor Theory

Herzberg's Two-Factor Theory posits that job satisfaction and dissatisfaction arise from two different sets of factors – motivation factors and hygiene factors.

Job Enrichment

The upgrading of a job that makes it more interesting, meaningful, or rewarding and provides long-term motivation.