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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?


Definitions:

Filling Machine

A device used in manufacturing industries to fill products, such as liquids, powders, or gases, into containers or packaging.

Juice Drink

A beverage made from the extraction or pressing of the natural liquid contained in fruit and vegetables.

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The process of modifying data or variables to remove errors, biases, or to account for known anomalies.

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A specialized program offered during the summer vacation, which provides extra instruction or courses in a variety of subjects.

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