Life Insurance Can Be Owned by Individuals but Cannot Be

question 151

True/False

Life insurance can be owned by individuals but cannot be owned by businesses?

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Definitions:

Uninhibited Social

Describes a state or behavior where an individual interacts freely and openly without self-consciousness or restraint.

Zuckerman

Marvin Zuckerman is a psychologist best known for his theory on the sensation seeking trait, a personality trait defined by the search for experiences and feelings that are varied, novel, complex, and intense.

Sensation Seeking Scale

A psychological assessment tool used to measure an individual's propensity for seeking novel, intense, and complex sensations and experiences.

Zuckerman

A reference to Marvin Zuckerman, a psychologist known for his research on sensation seeking, a personality trait characterized by the search for varied, novel, complex, and intense sensations and experiences.