Which of the following does not have a legitimate insurable interest? A) An individual on the life of his mistress B) An individual on his own life C) An individual on the life of his spouse D) A finance company on the life of its borrower

Q: The employer has an obligation to provide future benefits for:     A. Defined benefit pension…

A: Defined benefit and defined contribution are the  retirement pension plan

Q: One limitation, on the deduction for self-employed insurance, is that taxpayers cannot deduct the…

A: Self-employed individuals may be able to deduct their health insurance premiums as an above-the-line…

Q: In the world of pension accounting, how does a "asset gain or loss" develop? In the world of pension…

A: The answer

Q: An associated person of a broker-dealer may only share directly or indirectly in the profit or…

A: An associated person of a broker- dealer may only share directly or indirectly in the profit or loss…

Q: What is the legal relationship of a sole proprietorship to its owner? A. The owner and the sole…

A: Sole proprietorship is a business structure where an individual owns and operates the business, with…

Q: Describe how an unrelated tenant in common or joint tenant should protect him- or herself from…

A: Please find the answer to the above question below:

Q: Bodily injury and property damage liability policies protect an insured for Loses for which the…

A: Bodily injury and property damage liability policies protects the insured when insured is at fault…

Q: Which of the following types of insurance does NOT involve a contract with an external party? a.…

A: Introduction Insurance is a form of risk management that helps to protect individuals and businesses…

Q: Policyholder dividends from a whole life insurance policy are generally tax exempt. In which of the…

A: The correct answer is: (A) The dividend is from a MEC and is received in cash. Policyholder…

Q: Were you correct that the pension liability is not reported in the balance sheet? What is the…

A: Pension refers to the accumulated amount of money that is added during the employment period of an…

Q: ame a personal liability that someone might have and identify whether it's a current or long-term…

A: A person or organization's personal responsibility is the amount of money owed to them. Taxes,…

Q: Is Abandoned Spouse one of the filing statuses? Yes No

A: In order to file the return of the tax, a taxpayer has the file under the filing status and it is…

Q: Which one (1) of the following conditions affects the amount of settlement of an insured loss? OA)…

A: As per Bartleby guidelines, only one question can be solved at a time. Please reupload other…

Q: If the insured outlived the life insurance policy, the proceeds shall be taxable to the beneficiary…

A: If the insured outlived the life insurance policy, he/she will get his/her premium back, this…

Q: ERISA serves to protect retirement benefits of which employees? Select one: a. Private sector, but…

A: Retirement benefits refer to the benefits that are payable as a pension scheme to the members at…

Q: What is the Effect of Foreclosure on Junior Lienors?

A: Effect of foreclosure on Junior lienors is: Junior Lienor’s claims on the property mortgage are…

Q: Give some examples of an insurable interest and explain why they are insurable.

A: Introduction: Insurable interest is nothing but an interest in the subject of an insurance policy…

Q: The standard homeowners policy contains both property and liability coverages.    True or False

A: The standard homeowners policy can be defined as the contract between insurer and the insured where,…

Q: Question 17: Which of these is NOT a regulation set forth within ERISA? Answer: A. Employees must be…

A: ERISA refers the Employee Retirement Income Security Act which is a federal law that sets minimum…