13. Life insurance is necessary because it can provide (among other things) the benefits. Which of the following is the use of life insurance? * i. Income Fund ii. Burial Expenses 111. Mortgage iv. Education Fund O A. i, ii and i O B. i, ii and iv C. i, iii and iv O D. i, ii, iii and iv

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter4: Income Exclusions
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13. Life insurance is necessary because it can provide (among other things) the
benefits. Which of the following is the use of life insurance? *
i.
Income Fund
Burial Expenses
Mortgage
ii.
ii.
iv.
Education Fund
O A. i, ii and ii
O B. i, ii and iv
O C. i, iii and iv
O D. i, ii, iii and iv
14
Transcribed Image Text:13. Life insurance is necessary because it can provide (among other things) the benefits. Which of the following is the use of life insurance? * i. Income Fund Burial Expenses Mortgage ii. ii. iv. Education Fund O A. i, ii and ii O B. i, ii and iv O C. i, iii and iv O D. i, ii, iii and iv 14
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