All of the following are considered appropriate uses of life insurance for business purposes EXCEPT

All of the following are considered appropriate uses of life insurance for business purposes EXCEPT


A) Attracting quality employees by offering a group life plan
B) Funding an entity buy-sell agreement
C) Protecting the business by covering key employees with life insurance
D) Protecting the business by covering entry level employees with life insurance


Answer: D) Protecting the business by covering entry level employees with life insurance

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