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Life Time Leto Question 33 pond Lacques started a food services business in his area last year. He invested $400,000 in pacalized equipment and leasehold

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Life Time Leto Question 33 pond Lacques started a food services business in his area last year. He invested $400,000 in pacalized equipment and leasehold improvements. He was able to make the investment by taking out a personal loan payable over 10 years. lacques has entrusted management of his business to Marie, who has more than 20 years of eperience in managing similar operations. Marie performs all the duties mended for the business to run smoothy, Jacques's role is more removed from day- to-day management of the business What are bacques's main insurance needs? Os protecting the business in the event of Jacques's death only. O protecting the business in the event of Marie's death only. od Repaying the loan in the event of Marie's death and protecting the business in the event of Jacques's death. Oar Recaying the debt in the event of Jacques's death and protecting the business in the cent of Manie's death

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