Life Insurance May Not Be Necessary If

question 133

Multiple Choice

Life insurance may not be necessary if

• A)you're single and don't have any dependents.
• B)you're married,a double-income couple,with no children.
• C)you're married but aren't employed.
• D)you're retired.
• E)all of the above.

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Definitions:

Product Changes

Modifications or improvements made to a product’s design, specifications, or features to enhance its performance, appeal, or compliance with regulations.

JIT Partnerships

Collaborations between suppliers and manufacturers that follow Just-In-Time inventory principles to reduce waste and increase efficiency.

Competitive Bidding

A procurement process where suppliers submit their bids to win a contract, based on price and/or other criteria.

Vertical Integration

Developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.