Choose the Word or Phrase in [ ] Which Will

question 69

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The [lump sum | life income] settlement option is the most commonly selected option by life insurance beneficiaries.

---

Definitions:

Eyewitness Testimony

Evidence provided by people who witnessed an event or crime, detailing what they observed.

Auditory Memories

Memories that are associated with hearing, including the recall of sounds, music, words, and other auditory stimuli.

Habituate

The process by which a person or animal becomes accustomed to a stimulus, leading to a decrease in response over time.

Primacy Effect

A bias towards better memory retention for items at the start of a list compared to those that come after.