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Which of the Following Types of Annuities Guarantees That the Annuitant

question 55

Multiple Choice

Which of the following types of annuities guarantees that the annuitant and/or beneficiary will receive, during the liquidation period, minimum payments equal to the single premium in an immediate annuity or the accumulation value in a deferred annuity?


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Patented Intellectual Property

Intellectual property such as inventions or processes protected by a patent, granting the patent holder exclusive rights to use and benefit from that property.

Trademarked Brand

A trademarked brand is a brand that has been legally registered or established by use as representing a company or product.

License

A legal permission granted by a competent authority to engage in a certain activity or occupation that would be unlawful without such authorization.

Trade Name

The name under which a business operates, known also as a 'doing business as' name, distinguishing it from its legal, registered name.

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