Feta Is a Partner in the Game Design Firm GR8

question 10

Multiple Choice

Feta is a partner in the game design firm GR8 Games,Inc. ,which ob?tains key-person life in?surance on Feta in the amount of $1 million from Halo Insurance Company.Feta quits GR8 Games to join Icy Applications,Inc.Feta dies.Under the principle of insurable interest,Halo must pay the $1 million to

• A)Feta's spouse Jo.
• B)GR8 Games.
• C)Icy Applications.
• D)no one.

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Definitions:

Abolitionist Societies

Organizations committed to the elimination of slavery and the emancipation of enslaved people during the 18th and 19th centuries.

Fugitive Slaves

Refers to escaped slaves who fled from one state to another or to Canada, especially after the passing of laws like the Fugitive Slave Act of 1850 in the US.

Rush-Bagot Treaty

An agreement between the United States and Britain in 1817 that significantly reduced naval armaments on the Great Lakes, marking an early example of arms control efforts.

Naval Forces

Military forces primarily responsible for warfare at sea, including the operation of ships and submarines, often crucial for a nation's defense, power projection, and maintaining control over sea lanes.