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Bob and Tom are partners in a business. If one of them were to die, which of the following would guarantee a market for each of their share of the business?
Options
A) Split Dollar plan
B) Buy-Sell agreement
C) Deferred compensation plan
D) Key person insurance
Answer: B) Buy-Sell agreement
The above question Bob and Tom are partners in a business. If one of them were to die, which of the following would guarantee a market for each of their share of the business?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.