An Annuity Contract Provides

question 212

Multiple Choice

An annuity contract provides:

• A) Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a minimum guaranteed amount for those annuities not having life contingencies
• B) Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a minimum guaranteed amount for those annuities involving life contingencies
• C) Either immediately or at some future date, perpetual income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a maximum guaranteed amount for those annuities involving life contingencies
• D) Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain small number of payments

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Definitions:

Schwann Cells

Specialized cells that form the myelin sheath around nerve fibers in the peripheral nervous system, aiding in the rapid transmission of electrical signals.

Oligodendrocytes

A type of glial cell in the central nervous system that produces the myelin sheath, helping to increase the speed at which electrical impulses propagate along nerve cells.

Myelin Sheath

A fatty layer that encases and insulates the axons of many neurons, allowing for faster transmission of electrical signals along the nerve cells.

Astrocytes

Star-shaped glial cells in the brain and spinal cord involved in physical support, repair, and nutrient transport within the central nervous system.