Question

which government agency would most likely be responsible for investigating ponzi scheme allegations? remember: its about investments
u.s. securities and exchange commission
federal trade commission
federal deposit insurance corporation
irs

unlike term life insurance, whole life insurance
can be used by the policy holder.
is cheap
is only good for a sated period of time

Explanation:

First Question (Government Agency for Ponzi Scheme)

A Ponzi scheme involves fraudulent investment activities. The U.S. Securities and Exchange Commission (SEC) regulates securities markets and investigates investment - related fraud. The Federal Trade Commission focuses on consumer protection and antitrust issues, not specifically investment fraud. The Federal Deposit Insurance Corporation insures bank deposits. The IRS deals with taxes. So the SEC is the correct choice.

Term life insurance provides coverage for a specific term (e.g., 10, 20 years) and has no cash value for the policyholder to use. Whole life insurance has a cash value component that the policyholder can access (e.g., borrow against). Whole life insurance is typically more expensive than term life, and term life is for a set period while whole life is for the insured's lifetime. So the correct option is the one about being used by the policyholder.

Answer:

A. U.S. Securities and Exchange Commission

Second Question (Life Insurance)