Multiple Choice
Professor Dought has a life insurance policy on his own life that provides that in the event of his death,his mother will receive the proceeds.Professor Dought's mother is a(n) :
A) incidental beneficiary.
B) creditor beneficiary.
C) donee beneficiary.
D) assignee.
Correct Answer:

Verified
Correct Answer:
Verified
Q51: Which of the following is correct with
Q52: The right to property other than money,such
Q53: The general rule is that an assignee
Q54: Notice of an assignment:<br>A) must be given
Q55: Some states have statutes which prohibit an
Q57: An assignor normally guarantees that the obligor
Q58: The UCC imposes a writing requirement on
Q59: Generally,rights under an option contract are not
Q60: A(n)_ is a third party who obtains
Q61: Which of the following involves an invalid