Final Answer:
Justin would be paid $300,000 upon the death of Spring if the Thymes purchased a $300,000 joint life policy, as stated in option C.
Step-by-step explanation:
The scenario presented involves Spring Thyme and her husband, Justin, planning for their financial future in the event of either spouse's death. The key lies in understanding the type of life insurance policy that would result in Justin receiving $300,000 upon Spring's death. A joint life insurance policy covers two lives, and in this case, the $300,000 joint life policy aligns with Justin receiving the specified amount upon Spring's demise. Other options, such as survivorship policies or second-to-die policies, would typically pay out upon the death of the second insured individual.
Option C is the answer.