BUSN 380 STUDY Learn Do Live /busn380study.com BUSN 380 STUDY Learn Do Live /busn380study.com | Page 115
exchanging his or her old life insurance policy with a new one.
Question 15.15. (TCOs 6 and 7) As people grow older, which type of
housing is designed to allow people to stay in their homes more easily?
(Points : 1)
Accessory apartment
ECHO unit
Rooming house
Universal design
Professional companionship arrangement
Question 16.16. (TCOs 6 and 7) Estate planning involves _____ if a
person is married. (Points : 1)
the interest of at least two people
fewer legal requirements
fewer financial responsibilities
seeking the services of a securities broker
None of the above
Question 17.17. (TCOs 6 and 7) _____ refers to what Gerald Wilkins
has in his possession and owns, including a home worth $250,000, a
car worth $15,000, various investments worth $600,000, and other
personal assets worth $25,000. (Points : 1)
A trust
A will
An estate