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Nabil is an insurance agent and his client, Bernardo, is the power of attorney for his sister Larissa. Bernardo completes an application for a segregated

Nabil is an insurance agent and his client, Bernardo, is the power of attorney for his sister Larissa. Bernardo completes an application for a segregated fund contract on Larissas behalf. Bernardo would also like to name Larissas daughter, Tatianna, as the beneficiary. Larissa is not mentally capable of entering into the contract on her own. Which of the following is CORRECT?

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