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:

Supplying Water

The process, infrastructure, and management involved in providing clean and safe water for drinking, agriculture, and other essential uses to communities.

New England Farm Families

Households located in the New England region, historically engaged in agriculture and playing a vital role in the area's economy and society.

Livestock Specialization

The practice of focusing farm operations on the breeding, raising, and selling of particular types of domesticated animals for agricultural purposes.

Ready-Made Clothes

Garments that are mass-produced in standard sizes and sold in finished condition, as opposed to tailor-made or bespoke clothing.