Choose the Word or Phrase in [ ] Which Will

question 86

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.
-Jonathan Blake purchased an insurance policy of $150,000,and nominated his wife,Rebecca Blake as his primary beneficiary,and his son,Nathan Blake as his secondary beneficiary.Assuming that Rebecca and Nathan survive Jonathan,the benefit of the insurance shall be received by [Rebecca Blake | Nathan Blake].

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Definitions:

Tipper

An insider who gives inside information to someone.

Tippee

An individual who receives confidential information from an insider.

Publicly Traded

Refers to a company whose shares are available for purchase by the general public on a stock exchange.

Confidential Information

Data or information of a private nature, the disclosure of which to unauthorized individuals can be harmful to an individual, group, or organization.