Universal Life Insurance policy can be interesting option for some individual, while for others not so much. Which of the below option is not characteristic of ULI Policy? option B stated coverage plus accumulated cash value choice of how the accumulation account is invested flexible premiums option A level death benefit separate identification of death protection and savings portions As we know short selling are only suggested to more advanced traders. So, what are the process involved if imestor is trying to short sell stocks with borrowed money from broker? 1) no collateral; 2) a margin payment, 3) not delivering securities owned; 4) borrowing securities to deliver 2 and 4 1 and 3 3 and 4 1 and 4 2 and 3