INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 214

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The costs of investing in a variable annuity is typically [higher | lower] than investing in mutual funds.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

---

Definitions:

Mediators

Neutral third parties who assist in resolving disputes between two or more parties by facilitating negotiations.

Certified

Official recognition that an individual or entity has met a specified standard or qualification.

Precedent

A previous case or legal decision that may be or (must be) followed in subsequent similar cases.

Procedure

A set of established methods or steps followed to perform a task or solve a problem in a consistent manner.