Question
Which of the following on net amount at risk is TRUE? OA) Net amount at risk represents the saving component of life ins OB)
Which of the following on net amount at risk is TRUE? OA) Net amount at risk represents the saving component of life ins OB) The fundamental purpose of net amount at risk is to provide temporary protection. C) Net amount at risk = Legal reserve - Face value of policy OD) Net amount at risk represents the protection component of life insurance.
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
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