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Question 15 (10 points) There is never any income tax when an individual surrenders his life insurance contract. True False Question 16 (10 points) With

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Question 15 (10 points) There is never any income tax when an individual surrenders his life insurance contract. True False Question 16 (10 points) With five owners of a business, an entity purchase plan usually makes more sense than a cross-purchase plan. True False

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