What is the Best Type of Life Insurance?

Choosing the best type of life insurance can be difficult, and there are many different factors to consider. You need to be able to determine the amount of coverage you need, as well as the coverage period. This is often determined by your financial goals and the size of your family.

Term

Term life insurance is often the best life insurance option for people on a budget. It is often less expensive than whole life insurance and is especially a good choice for young families.

A term life insurance policy is a contract between you and your insurer. You agree to pay premiums for a set period, and the insurance company agrees to pay out a death benefit when you die during the term. The premiums will vary according to your age and health at the time of purchase.

The most important benefit of term life insurance is that it can be tailored to meet your specific needs. You can choose a shorter term for less expensive coverage or a longer term for higher monthly payments. You can also opt for a convertible term policy, which can be converted to a permanent life insurance policy at the end of your term.

Variable

Purchasing variable life insurance can be beneficial, but it can also be risky. A policy may lapse or even lose its cash value. A variable life insurance policy is also expensive. The cost of purchasing variable life insurance is usually five to fifteen times higher than a term life policy.

It is important to find the best variable life insurance policy to meet your needs and goals. You will need to get a policy quote from a qualified insurance professional. This will give you a comprehensive description of the policy, including its cost and features. You will also be able to find out what the fine print is, and what it means.

One of the best features of a variable life insurance policy is the opportunity to invest in the stock market. This can help grow your cash value account.

Indexed universal

Using indexed universal life insurance can be an effective way to grow your money. Many people use these policies as part of their retirement plans. They are especially attractive to people who anticipate tax increases in the future. But, before you purchase an indexed universal life policy, you should take a few minutes to learn the details.

These policies allow you to invest money in a cash-value account. The cash value is then invested on your behalf by the life insurance company. The cash value grows, based on the performance of the stock market index. The value can be used to pay for policy premiums or to take out a low-interest loan.

If you have any questions, it is always a good idea to consult with a financial advisor. A financial advisor can help you determine whether or not an indexed universal life policy is a good fit for your financial situation.

Whole

Whether you are looking for a way to cover your family’s financial needs for the rest of your life or a way to provide a legacy for your loved ones, whole-life insurance is one of the most reliable types of insurance available. It offers guaranteed protection as long as the premiums are paid.

Whole life insurance policies generally have two components. The first is the death benefit, which will pay out at the time of the insured’s death. The second is the savings component, which will accumulate over time. The specifics will depend on your policy.

Traditional whole life insurance has a fixed death benefit and a fixed cash value. The cash value grows tax-deferred. The cash value can be withdrawn at the time of the insured’s death or borrowed against.

Supplemental

Choosing supplemental life insurance can be a good way to protect your family in the event of your death. It can also be an option for people who have health issues that would make it impossible to get traditional life insurance.

The price of supplemental life insurance can vary greatly from company to company. However, the cost is usually less than the cost of an individual policy. It is important to look for the best price when comparing policies.

The total amount of coverage you need depends on your age and your health. You may also need to look at other options such as burial insurance. This insurance pays for funeral expenses. This may be especially helpful for surviving spouses.

The price of supplemental life insurance is based on your age and the expected claims. It is also determined by your location. Some supplemental life insurance policies are portable. This means that you can take the policy with you when you change companies.

Things You Must Do to Start a Successful Business

Whether you are starting a new business or are looking to improve your existing business, there are a few things you must do to start a successful business. This article will cover a few of these things.

Finding a good problem to solve

Whether you’re a seasoned entrepreneur or are just starting out, you should know how to find a good problem to solve. Fortunately, there are a number of methods that you can use to do just that. The first and most obvious is a brainstorming session. It’s best to include as many people as possible. This will not only produce more ideas but also provide additional information along the way.

One of the best ways to find a good problem to solve is to do a bit of research. This will show you the true cost of your problem and the tools available to you to solve it. It may also lead you to the best solutions for your unique situation. If you have access to the right tools and resources, you’ll be able to tackle any problem in record time.

Another trick is to draw a diagram. You’ll want to be sure that you include all the pertinent information in a way that is easy to digest. It may also be helpful to draw on the expertise of outside experts to help you find a good problem to solve.

Creating a business plan

Creating a business plan can help you plan your venture and find investors. It can also help you understand the market and what you can expect. It may even help you find investors or secure credit from suppliers.

Creating a business plan requires research from independent sources. The information you need will vary depending on your business. This can include an overview of the market, a competitive landscape, and the position of your business.

A business plan should outline your company’s vision and goals, as well as your products and services. It should also provide a summary of your financial plan and include financial projections. This includes P&L statements, balance sheets, and cash flow statements.

A business plan should also include a description of your marketing and sales activities. You should also include a description of your product and how it differentiates from your competitors. It should also describe the way you intend to reach your target customers.

A business plan is a living document, and you may want to update it as circumstances change. However, you should keep your document readable and streamlined. You should also avoid unnecessary details.

Choosing a business location

Choosing a business location is essential to the long-term success of any business. It has a big impact on your expenses, operations and profitability. To ensure a successful venture, you need to scout for a location that is both convenient for customers and employees and offers a solid return on investment.

In addition to the obvious things like good roads, power supply and an uninterrupted water supply, there are a number of factors to consider when choosing a business location. The right location can help you increase market share, minimize your expenses, and reduce your risk.

You will also want to consider the type of business you are operating. For example, a retail business may be best served by a high foot traffic location. A restaurant may want to consider a location close to the downtown area.

You should also consider the demographics of your target market. If your target market is a college crowd, you may want to consider a location in the city center.

The Student FICA Exemption

Typically, most people who earn employee wages in the United States will have Social Security (FICA) taxes deducted from their paychecks. These taxes are intended to fund programs for disabled and retired workers. Aside from FICA taxes, Medicare taxes are also withheld from the wages of some employees. However, there are exceptions to the rules, such as the student FICA exemption.

The student FICA exemption applies to students who are enrolled in an institution and are working an eligible job. These exemptions are set in the Internal Revenue Code. These exemptions include students who work as instructors, researchers, or doctors. In addition, there is also an exemption for students who are not citizens of the U.S. Students who are foreign students, such as those who are visiting the United States on a J-1 or M-1 visa, are exempt from FICA taxes. Likewise, foreign students who are studying at a United States institution are exempt from FICA and Medicare taxes.

In order to receive the student FICA exemption, the employee must be enrolled in a class for the semester in which the exemption applies. To determine the student’s eligibility, the payroll system will compare the student’s enrollment records to the official records of the University. Students are considered enrolled in a class if they are registered for more than five credits. In addition, the student must be enrolled for more than five credits in a single academic quarter.

In order to qualify for the student FICA exemption, the student must be enrolled for at least six credit hours during the Fall and Winter terms. In addition, the student must have at least half-time status during the Spring and Summer terms. The student will not qualify for the exemption if he or she is not enrolled for a minimum of six credit hours during the Fall and Winter terms, as well as the Spring and Summer terms. Students who have less than half-time status will be taxed. The student is also subject to FICA taxes during school breaks. However, there is an exception to this rule for students who are enrolled in a class for the entire Summer term.

The student FICA exemption applies to all hours worked during the payroll period from August 20 through September 2. Students who are enrolled in a class for a full semester are exempt from FICA taxes for the entire Summer term. This exemption also applies to breaks when the institution is not offering classes. If a student fails to meet the required criteria for the student FICA exemption, he or she will lose the exemption. Students who are enrolled in a full-time class but do not qualify for the exemption can still receive the exemption during the break period.

When a student is employed by a University, the university is required to make wage payments to the student. In order to qualify for the student FICA exempt status, the wage payments must be made to a half-time professional or graduate student. This definition also excludes the services of postdoctoral fellows and medical interns. In addition, the student must be registered for a minimum of two credit hours during the Summer Quarter. A student can also work on or off campus, provided the services are related to the student’s course of study.

How to Find the Best Type of Life Insurance for You

Purchasing life insurance is a very personal decision, and there are a variety of different types of policies to choose from. The best type of policy for you will depend on your needs, financial situation, and lifestyle. The more you know about the policies you are considering, the better you will be able to make an informed decision.

There are two main types of life insurance, term and whole life. Both are similar in that they offer death benefit protection, but they differ in the amount of coverage they offer. Term life insurance is an affordable form of coverage, and it usually lasts for a set period of time. In some cases, you can choose to decrease the premiums of your policy over time. These policies are best for younger, healthy people.

Whole life is also an option for life insurance, but it is more expensive. The price of a whole life policy will depend on several factors, including the age of the applicant. The coverage amount is usually higher and will also last for the entire policy duration. Whole life insurance is also permanent, meaning it won’t lapse if the policyholder outlives the term. It also features a cash value component, which builds tax-deferred. This cash value can be used for a variety of needs, and is typically only accessible while the policyholder is alive.

Whole life insurance is ideal for individuals who have children, a mortgage, or other long-term dependents. It also gives you more flexibility with your premiums. Some policies allow you to borrow from your cash value to reduce your premiums. However, this increase the chance that your policy will lapse.

In addition to a death benefit, permanent life insurance policies often have a cash value component. The cash value grows over time, and can be used for a variety of needs. This type of policy is more expensive than term life insurance, but it can also be more flexible and provide tax-advantaged growth of savings. You can also choose to purchase a rider, which can offer living benefits if the policyholder develops a terminal illness.

Depending on the company, you may also have the option of choosing a policy that allows you to skip payments, which can be a big help if you need to take a short-term loan. In some cases, you may also be able to purchase a policy that provides coverage for a spouse or domestic partner, which can replace your income if you were to pass away. These policies also provide coverage for accidents.

Accident death insurance offers benefits if the policyholder dies due to an accident, such as a heart attack, but it does not pay for other types of accidents. You can also buy accident death insurance for loss of sight, hearing, or other limbs. These policies are also not available for cancer or stroke, and they do not cover reckless activities or any other causes of death.

It is important to remember that the cost of a life insurance policy is dependent on many factors, including your age, health, and how much coverage you need. In addition, you should make sure you research the company you are choosing before making a decision.

How to Be Successful in Business

Whether you are just starting out or looking for ways to become a more successful businessperson, there are a number of strategies you can follow to achieve success. Some of the tips include finding a business partner or team to work with, listening to your customers, and putting people first.

Put people first

Putting people first is a key factor in successful endeavors. It leads to greater productivity, better teamwork and smarter results.

In addition to improving workplace productivity, companies that put people first have higher rates of customer satisfaction and retention. These results translate to bottom line profits.

A study conducted by Cone Communications found that almost nine in ten employees want to work for a company that cares about them. And employees report feeling happier and more productive at work when they have friends and colleagues to work with.

Companies that put people first have fewer absenteeism and fewer mistakes. They also have a greater ability to innovate and are more profitable.

In addition, people first companies care about employees as individuals, rather than as employees of a company. They want to build a culture of care from hire to retire. A culture of care involves regular communication and an emphasis on listening to employees. This allows them to develop future leaders.

Listen to your customers

Whether you have a small business or a major corporation, the importance of listening to your customers cannot be understated. Customer feedback can provide valuable information that helps you improve your product and services. It is important to listen to customers, as miscommunications can cause delays in your sales process.

Despite the fact that many business owners are convinced that asking customers what they want is a waste of time, customers are in a position to help businesses improve. Their feedback can be used to correct problems that may be causing customer churn. They can also help businesses predict problems that they might experience in the future.

One of the best ways to listen to your customers is by using social media. Many customers will be willing to share feedback through this channel, giving you a quick and convenient way to get input.

You can also listen to your customers by asking them questions to understand their needs. Some customers prefer face-to-face communication, while others may be comfortable sharing feedback on an anonymous online platform.

Build a great team of partners

Having a great team of partners is a great way to build a successful business. The key is to build a team that is best suited to achieving your goals. The best teams are able to work well together because they understand and leverage each others strengths.

The most successful teams also have a common sense approach to communication. Using the right language at the right time is essential to successful collaboration. In today’s fast paced environment, time is of the essence. However, that does not mean that you have to cut corners. Use the time to improve your team’s communication skills. Whether you are collaborating with partners in your own organization or leveraging the expertise of your partner’s organization, make sure you’re on the same page and have a plan of action in case something goes wrong.

You can’t expect a partnership to succeed if you don’t work well together. Identifying your strengths, learning to recognize one another’s strengths and leveraging those strengths will ensure a long lasting and profitable partnership.

Find an overnight success

Getting an overnight success in business can be exciting. It is also stressful. Especially if you do not have enough resources to handle increased demand. However, there are things you can do to prepare for it.

The first step is to decide if the environment is right for your business. If it is, you can adopt certain mindsets and strategies to increase your early success. However, if the environment is not right for your business, then you should focus on other things.

You should also think about the people you will need to interact with. If you are aiming for international success, then you need to find an audience that is international. You can also hire an expert marketing team to spread your brand’s awareness.

In order to get an overnight success in business, you will need to work hard. You will have to learn, experiment, and refine your idea. You may also have to spend years working in a job you do not like.

Choosing the Best Type of Life Insurance

Choosing the best type of life insurance can be a big decision. There are a lot of different types of life insurance, from whole life to term life to indexed universal life. You want to make sure that you choose the type of life insurance that best fits your lifestyle. This is why you need to understand what each type of life insurance offers and how they work.

Term life insurance

Term life insurance is a relatively inexpensive way to provide a lump sum to your family in the event of your death. It can also serve as a financial cushion during hard times. It’s easy to find a good term life insurance quote online.

A term life insurance policy can last for 10, 20, or 30 years. Its length will depend on your age and health. If you’re young and healthy, a 10-year policy can be an affordable choice. If you have children, a 20-year policy may be a better choice.

Term life insurance can also be a good choice for people who cannot afford to pay for insurance on a monthly basis. It can be a good way to cover the cost of a college education for your children or provide financial support to a family member. Term life is also a good option if you need to pay for a funeral.

Whole life insurance

Unlike term life insurance, whole life insurance offers lifetime coverage. It also provides guaranteed cash value.

A whole life insurance policy includes a cash value component, which is a savings account that accumulates over time. You can use your cash value to pay premiums, borrow against it, or make tax-free withdrawals. The cash value of your whole life insurance policy will increase with additional interest credited to it.

The cash value component can be used to pay the policy’s premiums, pay for college tuition, or pay off debts. But it can also be used for retirement income, a down payment on a house, or to fund a business.

Whole life insurance is not a good choice for everyone. However, if you are interested in protecting your family’s financial well-being, it might be the right choice for you.

Whole life insurance is available from many regional and national life insurance companies. A life insurance agent can help you compare policies and decide which one is right for you.

Indexed universal life insurance

Investing in an index universal life insurance policy can give you a higher rate of return than other types of life insurance. However, it is also more complicated. This type of policy is best suited for savvy investors who are comfortable with risk.

In an index universal life insurance policy, part of the premium payment goes toward the cost of the insurance. The rest goes into the cash value account. The cash value grows tax-deferred. It is also possible to borrow against the cash value. However, this can cause the policy to lapse.

If the cash value amount is low, you will lose all of the money you have put into the policy. This may require you to add more money into the policy in order to keep it in place.

In addition to the cash value component, an IUL policy also offers an investment component. The investment component is typically invested in bonds or mortgages. This allows the cash value to grow faster. It can also be used to pay for policy premiums.

Guaranteed issue life insurance

Whether you are a senior who has pre-existing medical conditions, a cancer survivor or someone who needs life insurance coverage, guaranteed issue life insurance can be the perfect solution for your needs. This type of life insurance is issued without the need for a medical exam or health questions, which means you don’t have to worry about having any health problems.

These life insurance policies can be issued immediately or within a few days. The amount of coverage you receive is dependent on your age and the type of policy you choose. The face value of a guaranteed issue policy is typically a little less than other types of permanent life insurance. However, this means you can save a lot of money compared to other policies.

Guaranteed issue life insurance policies can be issued for up to $25,000 of coverage. However, if you have a high risk health condition, your coverage amount may be limited. You can also expect to pay a higher premium than other types of life insurance.

What Does EMEA Stand For?

Among the many regions of the world, the EMEA is the most diverse of all. It is made up of 115 countries and 17 non-country territories. The region is also a mix of cultures and economies, with a wide range of VALORANT markets.

115 countries and 17 non-country territories make up the EMEA

Among the myriad entrants of the new world order is a 115 country conglomerate named the European Union and 17 non-country entities ranging from the small fry to the big guns. The aforementioned Europeans accounted for a large percentage of the world’s total GDP and are a major source of European innovation. As a result, they are the perfect partners for a number of EU trade missions. The EU also hosts a number of Chinese trade missions which are largely hosted by the aforementioned entities. In fact, the European Union is a leading global provider of trade missions and has a number of nifty acronyms under its belt. In short, it is the go-to country for trade missions and a prime destination for a number of Chinese delegations.

It’s a diverse group of countries

Using the term EMEA is a common way for global corporations to define their businesses. It covers a large area, and includes a variety of countries. This term is used in global business, and also used for marketing. EMEA is a group of countries that includes Europe, Middle East, and Africa. It is often used in marketing plans, and standardizes news and other business activities. It is also used in logistics.

There are several sub-regions within EMEA. It includes a diverse group of countries, and includes local languages. There is also economic, cultural, and political diversity. The biggest groups within the EMEA region are the “Big Four” (Western Europe), which are considered major European powers. These are Germany, France, Italy, and the United Kingdom. They are full members of the G8. Other full members are Japan, Russia, Canada, and Australia.

The EMEA region also includes the Middle East, and the countries in it are often split up. However, the countries within the region are similar in a number of ways. It includes the richest countries per capita in the world. The total population of EMEA is around 2.1 to 2.2 billion people.

The EMEA region includes three sub-regions: Western Europe, Eastern Europe, and Middle East and Africa. These regions vary in their attitudes toward increasing diversity. Those in the Western Europe region, for example, are less likely to support increased diversity.

Those in the Middle East and North Africa, on the other hand, are more likely to support increased diversity. In fact, eight in ten say that the composition of their country is becoming more diverse. They also agree that their country has become more diverse in the past 20 years. However, the same is not true for the Greeks. Most Greeks are opposed to increasing diversity.

Other countries, including Sweden and Germany, are more likely to agree that their country has become more diverse. In contrast, only one-in-four agrees in Greece. Meanwhile, three-in-four agree in Spain. In Indonesia, a majority of people are supportive of increasing diversity.

The EMEA region has the highest percentage of people in the world who are not of European descent. In fact, this region is the most ethnically diverse, covering the most number of people groups.

It’s the most diverse region for VALORANT

VALORANT is a competitive genre of game in which professional teams from around the world compete for top spots. It is one of Riot’s first-person megashooters and has a cast of playable characters from a wide range of games. EMEA, which stands for the Middle East, Africa, and Europe, has become the region of choice for international LAN tournaments. Several of the world’s largest esports organizations have signed all-female Valorant teams including G2, Tenstar, and Alliance.

VALORANT has grown rapidly over the past few years, and the game has quickly become one of the most popular and highest-stakes esports titles in the world. As a result, there are plenty of talented players in every one of the three franchised leagues. However, the region has had a mixed year.

Among the many changes coming to Valorant’s EMEA esports scene in 2022 is the introduction of the Valorant Champions Tour (VCT). This will consist of three Game Changers series in 2022. One team from each major region will compete in a bracket, which will be capped off by a match between NA and EMEA.

The VALORANT Champions Tour Game Changers program will offer women a safe and fun way to compete at a professional level. It’s a platform for women in the Valorant community to learn and grow, while also providing more opportunities for marginalized genders to compete at a higher level.

The VCT’s Game Changers program started in North America in 2021, and it expanded to the EMEA region in early 2022. It has produced four major EMEA tournaments and featured 60 top teams. While there is no guarantee that all of the teams featured in the Game Changers series will make the VCT circuit, Riot Games does expect to make adjustments to the verification process in EMEA.

The Game Changers EMEA Academy is a learning platform and hub that will allow participants to gain a deep understanding of careers in Valorant. The academy will also help to keep smurfs out of the Valorant experience.

The VCT Game Changers EMEA Academy is set to make a difference in the EMEA esports scene. It will allow aspiring Valorant athletes to gain experience through various training sessions and a series of grassroots talent events.

EMEA marketing is at the heart of it all

Whether you’re a global company, a local business, or a government, EMEA marketing is a key component of your global strategy. However, while it might seem as though the effort to expand to EMEA is relatively straightforward, there are plenty of complexities and nuances to consider. You’ll also want to consider the differences in culture and laws when establishing your company’s presence in the region. You’ll also want to make sure you’re compliant with local regulations, such as GDPR. You’ll also want to consider hiring an international employee who can carry out special projects on your behalf.

EMEA Marketing is important because it helps direct the flow of services and goods to consumers in EMEA. This involves understanding the needs of consumers, defining and securing a market share in each country, and standardizing the way products and services are offered in each country. It also involves creating and implementing a marketing campaign that can be adapted for local cultures, customs, and taboos.

When deciding whether or not to expand to EMEA, you’ll want to consider hiring an international employee, and making sure you’re compliant with the laws and regulations in that region. You’ll also want to consider your business knowledge and whether or not you have a team who is familiar with the local culture. You’ll also want to make sure your marketing efforts are in line with the global marketing strategy.

EMEA marketing is often used by companies in North America and is a major contributor to global brands’ success. However, it is different from marketing efforts in North America, as cultures, laws, and customs vary across the region. You’ll want to work closely with your team to make sure you’re implementing best practices, marketing tactics, and marketing plans that fit into the culture of your target region.

You’ll also want to make sure you’re hiring a marketing coordinator who has a deep understanding of the industry. This person will need to work closely with regional teams and key internal stakeholders to create a series of toolkits and marketing briefs that clearly outline your brand’s marketing goals and objectives. They’ll also need to keep up with workflow and deliver strong presentations.

Managing Marketing in the EMEA Region

Managing marketing in the EMEA region requires a great deal of understanding of the cultural context of the countries. Using this knowledge, you can ensure that your campaigns are targeted to the right markets and are not rejected by the local marketer. Fortunately, there are many associations that you can join, such as the EMEA Marketing Forum, to help you with this task.

115 countries

Among the 115 countries that make up the EMEA (Europe, Middle East and Africa) conglomerate, the one with the largest population and tiniest GDP is Nigeria. The newest member of the EMEA family, Egypt, was the world’s largest economy in 2009. Among the 115 countries, there are more than 100 in which to make a bet. For this reason, EMEA has become a popular trade hub among large companies. Moreover, EMEA has become the home of the newest generation of global business leaders, who have been known to make waves in the world of business.

Aside from the 115 EMEA countries, there are 17 other non-country territories. It is also the world’s largest region by area. As of 2017, it has a total population of 2.2 billion people and an economy estimated to be worth approximately $2.8 trillion. This makes EMEA the most populous region in the world. The most populous countries are Morocco, Egypt, Nigeria, Turkey, and Algeria, while the least populous are Vatican City and Cyprus.

17 non-country territories

Unlike many other regions of the world, the European continent is not a solitary entity. In fact, it comprises 115 countries and territories, some of which are under the jurisdiction of the European Union. The European Union has a special fondness for the 25 territories that make up its borders, and several of these territories have enjoyed some degree of autonomy. It is also worth noting that the EMEA region is home to the lion’s share of the world’s GDP, making it one of the largest economic entities on Earth.

The EMEA is also home to several of the world’s largest cities, including Paris and London. Its biggest economic driver is the oil and gas industry, which accounts for approximately half of its GDP. Other key industries include tourism and media. The region has a combined population of over two and a half billion, making it one of the largest in the world.

Managing global marketing in the EMEA region

Managing global marketing in the EMEA region can be challenging. The region spans from Africa to the Middle East and Europe, and is home to a great diversity of cultures and political systems. It also contains many thriving startups, and great wealth in talent.

EMEA marketers face challenges that include communicating in multiple languages, tapping into local cultures, and understanding local devices. Marketers must also consider local laws and regulations. They also have to account for digital connectivity, SEO, and social media.

Some multinationals choose to direct their local marketing programs. This is usually out of a sense of urgency, and may involve a more participative approach. Others may choose to pursue a more global approach, which may involve a different strategy for each country. It’s also possible that headquarters may participate more in marketing decisions in poor performing countries.

The EMEA region is an interesting mix of countries, from stable democracies to autocracies. The region is also home to many failed states. This diversity makes it a good growth opportunity for companies.

Current members

Currently there are 115 countries and 17 non-country territories in EMEA. The number is estimated at between 2.1 and 2.2 billion people. The most populous country in the EMEA region is Nigeria, followed by Nigeria, Nigeria, and Algeria.

The EMEA region is largely composed of member states of the European Union (EU). EEC members include: Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Spain, Switzerland, Turkey, and United Kingdom.

Members of the European Union (EU) also form an economic community, the European Economic Community (EEC). The EEC was created in 1973, with Portugal and Ireland joining in 1986. The EEC is headed by a president chosen by member governments. The European Commission is the administrative body that formulates community policy and oversees its implementation. The European Court of Justice (ECJ) is the judicial body that interprets community law. The Commission is made up of a permanent civil service led by commissioners. Its primary functions are to monitor the implementation of community decisions, to ensure that community decisions are applied, and to formulate community policies.