Which beneficiary designation is most appropriate for a person who wants to name his spouse as a beneficiary of his life insurance policy and simultaneously retain full policy ownership rights?

Which beneficiary designation is most appropriate for a person who wants to name his spouse as a beneficiary of his life insurance policy and simultaneously retain full policy ownership rights? By naming a beneficiary as irrevocable, that person effectively becomes a co-owner of the policy. In this case, that is not what the policyowner needs. […]

What are the three aspects to each of the intelligences?

What are the three aspects to each of the intelligences? Three Aspects of Intelligence. According to the triarchic theory, intelligence has three aspects: analytical, creative, and practical. Analytical intelligence. Analytical intelligence is involved when the components of intelligence are applied to analyze, evaluate, judge, or compare and contrast. What is Triarchic theory of intelligence in […]

Can a promise be enforceable without consideration?

Can a promise be enforceable without consideration? Promissory estoppel: Under the “promissory estoppel” doctrine, a promise will be enforceable without consideration if: (1) the promisee acts or forbears in reliance on the promise and (2) this action or forbearance was reasonably foreseeable by the promisor. Under what conditions is there no consideration? Under what situations […]

What is the etymology of the word etymology?

What is the etymology of the word etymology? The word etymology derives from the Greek word ἐτυμολογία (etumología), itself from ἔτυμον (étumon), meaning “true sense or sense of a truth”, and the suffix -logia, denoting “the study of”. The term etymon refers to a word or morpheme (e.g., stem or root) from which a later […]

Which statement best describes a difference between a democracy and a republic?

Which statement best describes a difference between a democracy and a republic? Answer: Which statement best describes a difference between a democracy and a republic? Both get their sovereignty from their citizens. Citizens in a democracy can either directly or indirectly influence the government, while citizens in a republic can only indirectly influence government through […]

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top