Bob wants to purchase life insurance on his co$-$worker Stan, the superstar sales person in the organization. His insurance agent tells him that it is possible because

A$)$ a business has an insurable interest in an employee if it would suffer an economic loss by virtue of such employee's death

B$)$ the key employee owns all rights in the policy while the estate collects the death benefit to reimburse the company who has to hire and train a replacement or cover any losses resulting from the key employee's death

C$)$ death proceeds of life insurance are taxable to the corporation since it is essentially covering current and future business expenses which are ultimately deductible

D$)$ the key employee applies for and owns the policy, pays the premiums, and names the company as the beneficiary of the policy insuring their life