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Which of the following statement(s) is/are false? A. 1 only B. 2 only C. 3...

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Finance

Which of the following statement(s) is/are false? A. 1 only B. 2 only C. 3 only D. 2 & III only E. None of the above choices

I. a single person family is likely to have the least need for a large amount of life insurance.

II. From an economic standpoint, premature means death before a specified age, such as 65.

III. The need approach is appropriate only if a person currently has no life insurance protection.

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