For each of the following statements, state whether you think the statement is true, false, or...

For each of the following statements, state whether you think the statement is true, false, or uncertain; and explain your answer.

If an individual holds a whole-life insurance policy, it is not necessary to monitor the policy periodically.

If the stock market is efficient, the best strategy is buy and hold for the long term.

A young person should always buy term insurance and not whole-life insurance.

Solutions

Expert Solution

A) False.

It is important for an individual to monitor the whole life insurance policy periodically which helps to ensure policies are meeting the intended objectives and to help avoid unexpected tax consequences.

B) Uncertain

Even if buy and hold is one of the best strategies in stock market investment, we can't say it is always cen percent effective since the stock market is always uncertain.

C) True

Term insurance policy is typically good option for Life insurance for a young person because of the generally low premium. For a young person may not have a lot of income and further this option creates an affordable way to get the protection needed for a set of Number of years.

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

Indicate whether each of the following statements (a-e) is TRUE or FALSE. If you think a statement...

Indicate whether each of the following statements (a-e) is TRUE or FALSE. If you think a statement is FALSE, explain why. (10 pts) a. TRUE / FALSE Graft rejection is mediated by pre-existing host T cell effectors and antibodies specific for antigens on the grafted tissue. b. TRUE / FALSE Allogeneic grafts between individuals with identical HLA genes will be accepted. c. TRUE / FALSE Your parents are generally going to be your best source of tissues if you need a transplant. d. TRUE / FALSE Graft rejection only...

Question 1: True/False/uncertain For each statement, state whether you think it is True, False or Uncertain...

Question 1: True/False/uncertain For each statement, state whether you think it is True, False or Uncertain and give a short explanation for your answer. a) Malthus predicted that the population of an economy should be stable in the long run. b) Poor countries have not experienced a demographic transition. c) Improvement in GDP per capita of a country should result in lower number of missing women.

For each of the following statements, determine whether the statement is true or false. If you...

For each of the following statements, determine whether the statement is true or false. If you say the statement is true, explain why and if you say it is false, give an example to illustrate. (a) If {u, v} is a linearly independent set in a vector space V, then the set {2u + 3v, u + v} is also a linear set independent of V. (b) Let A and B be two square matrices of the same format. Then...

Determine whether each of the following statements is true or false. If the statement is false,...

Determine whether each of the following statements is true or false. If the statement is false, modify and rewrite it so that it is a true statement. a. When a molecule has two, degenerate, “infrared active”, vibrational modes, the two vibrational modes will show absorptions at different frequencies in the infrared spectrum. b. For a given substance, strong intermolecular forces between molecules of the substance can cause peak broadening of some of the absorptions in the infrared spectrum of the...

State whether EACH of the following statements are true or false. A. A fraction A of...

State whether EACH of the following statements are true or false. A. A fraction A of the Sun’s radiation gets reflected off the atmosphere. (T/F) B. The Earth surface radiates both visible and infrared radiation. (T/F) [ C. Most of the visible radiation from the sun is absorbed by the atmosphere. (T/F) D. The atmosphere emits thermal infrared radiation. (T/F) E. The greenhouse effect is due to the thermal...

State whether the following statements are TRUE or FALSE. Give the reason, If a statement is...

State whether the following statements are TRUE or FALSE. Give the reason, If a statement is true, explain why; if it is false, identify the mistake and try to correct it. Use the diagram for explanation if needed. (NOTE: Marks are based on your reasoning, not only for T/F marking) (i). Change in quantity demanded and change in demand are the same things. (ii). If the demand curve for good A is flatter, and if the demand curve for good...

1.Below are three statements. For each statement: (i) State whether the statement is true or false....

1.Below are three statements. For each statement: (i) State whether the statement is true or false. (ii) Explain your reasoning. A. In an additive relationship, Z defines a large compositional difference across values of X. B. Field experiments have lower external validity than do laboratory experiments. C. Random assignment neutralizes rival explanations.

ndicate whether each of the following 5 statements (a-e) is TRUE or FALSE. If you think a...

ndicate whether each of the following 5 statements (a-e) is TRUE or FALSE. If you think a statement is FALSE, explain exactly what is incorrect and provide the correct information. a. TRUE / FALSE In treating B cell leukemia, chimeric antigen receptor (CAR) T cells function by binding to a B cell specific antigen, such as CD19, in the form of a peptide presented on MHC b. TRUE / FALSE CAR T cells express a chimeric antigen receptor that is composed of a TCR extracellular...

Read each of the following statements, and indicate whether each statement is true or false. A:...

Read each of the following statements, and indicate whether each statement is true or false. A: Firms will raise all the common equity they can from retained earnings before issuing new common stock, because capital from retained earnings is less expensive than capital raised from issuing new common stock. B: The flotation costs associated with the sale of debt securities are greater than those associated with new common stock issues C: Firms raise capital from retained earnings only when they...

For each of the following statements, identify whether the statement is true or false, and explain...

For each of the following statements, identify whether the statement is true or false, and explain why. Please limit each response to no more than 2 sentences. a) The probability that a continuous random variable takes a specific value is 0. b) Statistical inference is the process of drawing conclusions about unknown statistics by using known parameters. c) The terms “histogram” and “bar graph” are synonyms. d) If two events A and B are independent, then there is no overlap...

Subjects