(Answered) A business valued at 4000000 has 4 partners the partnership

Engineering

A business valued at $4,000,000 has 4 partners. The partnership purchases a life insurance policy on each partner's interest. This is an example of:

a. A buy-sell entity insurance plan.

b. A partnership buy/sell plan.

c. A buy-sell cross-purchase insurance plan.

d. A key person plan.

What is the maximum number of employees that a company with a health plan can have and not be subject to the COBRA rules?

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