Which of the Following Statements Is False

question 17

Multiple Choice

Which of the following statements is false?

• A) Annuities can be used to fund structured settlements in negligence cases.
• B) Annuities are useful for generating an income that cannot be outlived.
• C) Annuities are good retirement funding vehicles for persons in poor health.
• D) Annuities maximize cash flow for people who are willing to liquidate their assets.

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Definitions:

Insincerity

The quality of not expressing genuine feelings; deceitfulness or fake behavior.

Forming Coalitions

The process of bringing together multiple groups or individuals with the purpose of achieving a common goal or addressing a specific issue.

Incurring Obligations

The act of binding oneself by a social, legal, or moral requirement to do something or incur a liability.

Using Ambiguity

The practice of deliberately employing vague or unclear language to obscure meaning or to avoid making definite statements.