These practice variables include (a) the effects of a. model's skill level during observation, (b) how augmented feedback is provided. two a learner and (c) how practice conditions are arranged when learning. multiple tasks. The results of research in these areas suggest that cognitive. processes play an important role during the early stages of skill acquisition. Moreover, the effort by which these cognitive processes are undertaken is. influenced by practice variables.
MEC is a Modified Endowment Contract. It is a life insurance policy that meets the IRS definition of life insurance but fails a specific premium test (the seven pay test) meant to limit using life insurance as a tax sheltered investment vehicle and was established in a tax change in 1988 (TAMRA).
1 A Modified Endowment Contract (MEC) is a special type of cash value life insurance policy that requires extra attention because of the tax laws associated with it. 2  The federal tax law definition of âlife insuranceâ limits your ability to pay certain high levels of premiums.