Which of the Following Is Not True Regarding Loans Based

question 32

Multiple Choice

Which of the following is not true regarding loans based on the cash values built up in cash-value life insurance policies?

• A)The interest rates are low, ranging from 4 to 6 percent.
• B)Should the insured person die before repaying the loan, the life insurance company will forgive the loan.
• C)Many people fail to pay back such loans because no fixed schedule of repayment is established.
• D)Insurance companies do not pressure borrowers to repay the debt.

Analyze the development of gender differences in communication from childhood.

Understand the influence of culture on communication styles and practices.

Identify the challenges and strategies in cross-cultural communication.

Understand the basic concepts and differences between operant and classical conditioning.

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, incorporating both interest payments and the capital gain or loss due to the difference between the purchase price and the maturity value.

Semi-annually

Semi-annually refers to an event or action that occurs twice a year, typically every six months.

Coupon Rate

The interest rate that a bond issuer agrees to pay to the holder annually, expressed as a percentage of the bond's face value.

Intrinsic Value

The perceived or calculated true value of an asset, investment, or company, based on fundamental analysis, regardless of its current market value.