Albert Had a Terminal Illness Which Required Almost Constant Nursing

question 9

Multiple Choice

Albert had a terminal illness which required almost constant nursing care for the remaining two years of his estimated life, according to his doctor. Albert had a life insurance policy with a face amount of $100,000. Albert had paid $25,000 of premiums on the policy. The insurance company has offered to pay him $80,000 to cancel the policy, although its cash surrender value was only $55,000. Albert accepted the $80,000. Albert used $15,000 to pay his medical expenses. Albert made a miraculous recovery and lived another 20 years. As a result of cashing in the policy:

• A) Albert must recognize $55,000 of gross income, but he has $15,000 of deductible medical expenses.
• B) Albert must recognize $65,000 ($80,000 - $15,000) of gross income.
• C) Albert must recognize $40,000 ($80,000 - $25,000 - $15,000) of gross income.
• D) Albert is not required to recognize any gross income because of his terminal illness.
• E) None of these.

Understand the role of experience and environmental interaction in the development of perception and brain functioning.

Recognize key milestones and patterns in infant physical development and their implications for care.

Familiarize with breastfeeding recommendations and practices that support child health.

Understand the principles of sensorimotor development and stages.

---

Definitions:

Fear Of The Unknown

Anxiety or apprehension experienced in anticipation of unfamiliar situations or changes.

Effective Change Management

The process, tools, and techniques to manage the people side of change to achieve a required business outcome.

Motivating Change

The process or act of providing stimuli, encouragement, or reasons for individuals or groups to modify their behavior, attitude, or performance.

Creating A Vision

The process of developing a clear and inspirational picture of the future that guides an organization's direction and decision-making.