Identify Which of the Following Statements Is False

question 59

Multiple Choice

Identify which of the following statements is false.

• A)Life insurance can help provide liquidity for paying estate taxes.
• B)Life insurance has the potential for large appreciation.
• C)The insured does not have to be the owner of the policy.
• D)Life insurance is always part of the estate of the insured.

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Definitions:

Informed Consent

A process in which a person gives permission based on a full understanding of the risks and benefits of a medical procedure or experiment.

Autonomy

The capacity to make an informed, uncoerced decision, often considered a fundamental ethical principle in bioethics and moral philosophy.

Effort Principle

The concept that the outcome of a situation or task is directly related to the amount of effort or energy invested in it.

Contribution Principle

The idea that individuals should contribute to society or a system in proportion to their abilities or benefits received.