Which of the Following Defines an Annuity

question 14

Multiple Choice

Which of the following defines an annuity?

• A)For a fee,an insurance company provides you with regular income until you die.
• B)A surcharge is added to life-insurance premiums paid by persons in dangerous occupations.
• C)Annuity is another name for stock funds managed by mutual fund managers.
• D)Annuity is another name for any diversified portfolio.

Recognize the importance of delivering bad news appropriately in a paragraph.

Grasp the added benefits of using precise words in writing.

Identify and use coherence devices effectively.

Understand the impact of presentation layout on readers' agreement with the document's arguments.

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Definitions:

Consumer Protection Act

A legal provision designed to protect the rights of consumers from unfair trade practices, defective goods, and misleading advertisements.

Treble Damages

A legal provision allowing a court to triple the amount of damages to be awarded, typically used as a punishment in certain lawsuits.

Antitrust Violations

Actions conducted by businesses that result in unfair competition, mainly through practices that aim to establish or maintain monopolies or stifle competition.

Criminal Charges

Legal allegations made by the government claiming an individual or entity has committed a crime.