Which of the Following Is Not a Strength Associated with a Whole

question 25

Multiple Choice

Which of the following is not a strength associated with a whole life policy?

• A)The premiums remain level over time and thus aren't unaffordable in later years
• B)Higher payments than needed to cover mortality risk are an effective "forced savings" component for those who need it
• C)The policy is designed to commonly pay a cash benefit to the beneficiary in contrast to term's less frequent payout as temporary insurance
• D)All of the above are strengths associated with a whole life policy
• E)None of the above is a strength associated with a whole life policy

Understand the unique characteristics of services compared to tangible goods.

Recognize the importance and methods of making services more tangible to consumers.

Comprehend the challenges in evaluating and marketing services due to their intangible nature.

Identify the four unique elements of services: intangibility, inconsistency, inseparability, and inventory.

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Definitions:

Shallow Water

An area of water that is not deep, often near the shore or in a body of water where the depth is minimal.

Physical Education Instructor

A professional who teaches and promotes physical fitness and activities in educational settings.

James Naismith

The Canadian-American physical educator who invented the game of basketball in 1891.

Peach Baskets

Initially used as the first goals in the game of basketball, these containers were nailed to the balconies of gymnasiums, marking the start of this now popular sport.