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b 9. A contract for permanent life insurance may be characterized as a/an: 1. Unilateral contract. 2. Aleatory contract. 3. Conditional contract. 4. Contract of

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9. A contract for permanent life insurance may be characterized as a/an: 1. Unilateral contract. 2. Aleatory contract. 3. Conditional contract. 4. Contract of adhesion. 0 a. 1 and 3 O b. 2 and 4. c. 1, 2, and 3. d. 1, 2, 3, and 4 69. Xena, age 30, is planning to retire at age 65. Based on the results of Xena's risk tolerance questionnaire, she is an aggressive investor, with a primary objective of growth in her retirement assets. Generally, which of the following asset allocation strategies is most appropriate for Xena's retirement investments? a. 50% Equities and 50% Bonds. b. 70% Bonds and 30% Equities. c. 80% Equities and 20% Bonds. d. 100% Equities and 0% Bonds

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