Question
A policy purchased by, for the benefit of, a business
insuring the life or lives of personnel integral to the business operations is called?Solution
A life insurance policy that a company purchases on a key executive's life. The company is the beneficiary of the plan and pays the insurance policy premiums. This type of life insurance is also known as "key man insurance," "key woman insurance" or "business life insurance."
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and th...
Statements:
A = C > E = F > D; Y < Z ≤ F
Conclusions:
I. E > Z
II. D ˃ Y
Statements: P ≥ Q ≥ R = S, Q ≥ T > U ≥ V
Conclusion:
I. P ≥ V
II. P > V
Which of the following symbols should be placed in the blank spaces (_) respectively (in the same order from left to right) to complete the given expre...
Statements: A ≥ M > E, K ≤ J ≤ D = E, B ≤ Z ≤ Y = K
Conclusion:
I. M > Y
II. D ≥ B
Statements : B ≤ C < E; D ≤ F ≤ G; E = D; A > B
Conclusions :
(i) E ≥ G (ii) A < E (iii) B ≤ G (iv) C < F
...Statement: C < X ≤ B > E < L < I
Conclusion: I. I > EÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. C < I
...Statements: T > V > Q > S; L > S > V ≥ O ≤ X < Y
Conclusions:
I. T > L
II. V ≥ Y
III. T > OÂ
A statement is given, followed by two conclusions I and II. Decide which of the given conclusions is/are true based on the statement. Â
Statemen...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...