The Job Marketability of Your Spouse

question 47

Multiple Choice

The job marketability of your spouse

• A) would be a factor considered in the budget method of determining life insurance needs.
• B) is used in the income method of determining life insurance needs.
• C) is really not that important in determining life insurance needs.
• D) is the main factor in determining whether or not you even need life insurance.

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Definitions:

Periodic Tenancy

A leasing agreement that continues for successive periods (such as month-to-month or year-to-year) until either the tenant or landlord gives notice to terminate.

Tenancy at Will

A rental agreement that either party can terminate at any time without cause, provided proper notice is given.

Implied Warranty

An unwritten and unexpressed guarantee that a product or service complies with the standard quality and performance expected.

Habitability

The suitability of a building for living in, ensuring that it is safe, healthy, and fit for habitation.