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6. Dan purchased a fixed annuity from Excellent Life Insurance Company, naming his wife, Kathy, as annuitant and his daughter, Jessica, as beneficiary. Who controls

6. Dan purchased a fixed annuity from Excellent Life Insurance Company, naming his wife, Kathy, as annuitant and his daughter, Jessica, as beneficiary. Who controls the contract?

a. Dan
b. Kathy
c. Jessica
d. Dan and Kathy, jointly

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