The person or entity named in an insurance policy to receive

The person or entity named in an insurance policy to receive the proceeds in the event of the death of the insured is the: a. insurer b. insured c. beneficiary d. both the insurer and the beneficiary This type of insurance accumulates a cash value. a. coinsurance b. ordinary-life c. comprehensive d. term-life Which of the following types of coverage is typically not available under a homeowners policy? a. limited coverage for stolen items like jewelry or cash b. coverage for damage to your house or any permanent structures on your property c. liability coverage d. workplace injury Collision and comprehensive insurance coverage: a. only pays the insurer b. is compulsory in most states c. has no deductible d. only pays the insured True/False and Multiple Choice: Enter the letter of the correct answer in the space next to each question. Sales tax is: c. based on the price of a purchase d. charged only by county or city governments e. all of these apply to sales tax f. collected at the time of purchase and sent immediately to a government agency Which of the following venues would be least likely to include the sales tax in the quoted price? a. amusement park b. flea market c. auto dealership d. sporting event A mill is one hundredth of a dollar. a. True b. False Gross income minus adjustments, exemptions, and deductions is equal to taxable income. a. True b. False Which of the following is not an appropriate category for filing status when using the income tax tables? a. single with children b. married filing jointly c. head of household d. married filing separately

Solution

Answer : 7 )

c ) beneficiary

Answer : 13 )

b ) False

Answer : 14 )

a ) True