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Q1. (a) Jill is a 27-year-old worker at a technology firm. Her company provides a group life term insurance benefit of $150,000, and the company pays the entire premium. Using the Uniform Premium Table, what is the taxable monthly charge of her life insurance benefit?
(b) Jill's boss, Susan, is 62 years old, and has an insurance benefit of $150,000 as well. What is the taxable monthly charge of her life insurance benefit?
(c) Whose advantage costs more per month? Why?
Q2. After 1771, diamond extraction became a monopoly of the Portuguese crown; Chica da Silva continued to hire out manpower to the Royal Diamond Extractor, though some of these slaves were confiscated under accusations of what?
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