A Person Who Is Named to Receive the Proceeds from a Life

question 18

Multiple Choice

A person who is named to receive the proceeds from a life insurance policy is a(n)

• A) Contract.
• B) Beneficiary.
• C) Policyholder.
• D) Insurer.
• E) Child.

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Definitions:

Communication Process

The series of steps through which a message is transmitted from a sender to a receiver, encompassing encoding, medium choice, decoding, and feedback.

Ideas

The conceptual products of the mind, which include thoughts, concepts, opinions, and innovations.

Frederick Taylor

Known as the father of scientific management, he focused on improving industrial efficiency.

20th Century

refers to the period from 1901 to 2000, noted for significant social, political, and technological changes worldwide.