45 What are the tax implications at death if the surviving spouse was named as the beneficiary on the deceased spouses RRSP? Select one: out of a. The CRA will deem that the RRSP proceeds were withdrawn immediately prior to the plan holders death, and as such, the proceeds will be fully taxable. b. The RRSP proceeds can be transferred tax free to the surviving spouses RRSP. c. The RRSP proceeds can be transferred tax deterred to the surviving spouses RRSP. d. Up to $20,000 can be withdrawn tax free to cover final expenses; the remainder, however, would be fully taxed. on 46 Terry has been a licensed life insurance agent for more than ten years. In a momentary lapse of judgment, he undertook actions that resulted in a serious complaint from a client. Terrys license has just been suspended pending an investigation. To what extent will Terrys actions be made public? dour of Select one: a. Terrys actions will be reported on CISROs website. b. Disciplinary action that is imposed on registrants is non-public Information c. Disciplinary action imposed on registrants is non-public information, unless the agents actions are considered to be illegal and punishment is handed down by a court of law. d. Terrys actions will be reported via letter to his existing clients only