Which of the Following Can Be Described as Involving Indirect

question 78

Multiple Choice

Which of the following can be described as involving indirect finance?

• A) A bank buys a U.S. Treasury bill from one of its depositors.
• B) A corporation buys commercial paper issued by another corporation.
• C) A pension fund manager buys commercial paper in the primary market.
• D) Both A and C of the above.

Recognize the varying life insurance needs among different family structures and stages of life.

Comprehend different methods and factors for determining life insurance needs.

Grasp the concept of life insurance as a financial valuation of life for protection against financial loss.

Identify the different types of life insurance policies and their features.

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