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Annuities Are the Reverse of Life Insurance in That They

question 12

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Annuities are the reverse of life insurance in that they are different means of liquidating a fund.


Definitions:

Proposition

A statement or assertion that expresses a judgment or opinion.

Fundamental Attribution Error

The tendency to overemphasize personal characteristics and underestimate situational factors when explaining other people's behavior.

Prejudice

Preconceived opinion or judgment about someone or something that is not based on reason or actual experience.

External Attributions

The process of attributing the cause of behavior to situational factors outside a person.

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