33. Which of the following involves an investor convincing a consumer to purchase new life insurance policy for the primary reason of reselling it into the secondary market ? MO11-7aware of fraud on a large scale aimed at Medicare. Which of the following can Marshacount on if she files a lawsuit on behalf of the government against the hospital and issuccessful?oa. She will lose her job.ob. She will be rewarded with a percentage of the recovery.Oc. She can choose to be placed in a witness protection program.Od. She will receive a promotion.33. Which of the following involves an investor convincing a consumer to purchase anew life insurance policy for the primary reason of reselling it into the secondarymarket?OOa. a viatical settlementOb. a life settlementOC. a STOLI transactionOd. a 1035 exchange34. Big T is a Medicare provider that sells durable medical equipment, prosthetics, andorthotic supplies. An insurance company that pays a large volume of Big T's claims hasbegun to suspect that fraudulent claims are being submitted. Which is a red flag thatEthp

In a viatical settlement, a person who is chronically or terminally ill sells their life insurance…

33. Which of the following involves an investor convincing a consumer to purchase a new life insurance policy for the primary reason of reselling it into the secondary market? O a. a viatical settlement Ob. a life settlement OC. a STOLI transaction Od. a 1035 exchange

33. Which of the following involves an investor convincing a consumer to purchase a new life insurance policy for the primary reason of reselling it into the secondary market? O a. a viatical settlement Ob. a life settlement OC. a STOLI transaction Od. a 1035 exchange

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

33. Which of the following involves an investor convincing a consumer to purchase new life insurance policy for the primary reason of reselling it into the secondary market ?

MO
11-7
aware of fraud on a large scale aimed at Medicare. Which of the following can Marsha
count on if she files a lawsuit on behalf of the government against the hospital and is
successful?
oa. She will lose her job.
ob. She will be rewarded with a percentage of the recovery.
Oc. She can choose to be placed in a witness protection program.
Od. She will receive a promotion.
33. Which of the following involves an investor convincing a consumer to purchase a
new life insurance policy for the primary reason of reselling it into the secondary
market?
O
Oa. a viatical settlement
Ob. a life settlement
OC. a STOLI transaction
Od. a 1035 exchange
34. Big T is a Medicare provider that sells durable medical equipment, prosthetics, and
orthotic supplies. An insurance company that pays a large volume of Big T's claims has
begun to suspect that fraudulent claims are being submitted. Which is a red flag that
Et
hp

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