Write True or False to the Statements Below

question 86

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-Thailand has the dubious distinction of being one of the world's centers for money laundering.

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Definitions:

Single Life Annuity Contract

An insurance product that provides a stream of payments for the life of a single individual, ceasing upon their death.

Expected Return

The anticipated average return on an investment over a specific period based on historical data and market analysis.

Exclusion Ratio

In annuities, the proportion of payments considered as a return of the original investment and therefore not subject to income tax.

Life Annuity

A financial product that provides a guaranteed income for the remainder of the annuitant's life in exchange for an initial payment.