Question
Which one of te following parties to an annuity contract serves as the measuring life? 1. Owner 2. Annuitant 3. Beneficiary A) 1 only B)
Which one of te following parties to an annuity contract serves as the measuring life?
1. Owner
2. Annuitant
3. Beneficiary
A) 1 only
B) 2 Only
C) Both 1 and 2
D) Both 2 and 3
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
