1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
masha68 [24]
3 years ago
12

The _________ gives the owner of a variable annuity the ability to withdraw a maximum percentage of the annuity value until the

initial investment amount has been recouped.
Business
1 answer:
snow_tiger [21]3 years ago
6 0

Answer:

D. Guaranteed minimum withdrawal benefit

Explanation:

In the case of the guaranteed minimum withdrawal benefit, the benefit is available for fixed annuity and for a variable annuity.

When the market is down, the policyholder can withdraw the maximum percentage of the annuity value unless the amount of initial investment recouped.  

Withdrawal amount should be between of five percent to ten percent of the initial investment held.

You might be interested in
What are some common motivations of financial statement fraud examination?
WINSTONCH [101]

Answer:

To support a high stock price, to support a bond or stock offering, or to increase the company's stock price.

Explanation:

The motivation to publish fraudulent financial statements varies depending on the situation. A common theme in many cases of fraud is the attempt to improve the reported financial information to maintain high stock prices, support bonds or stock quotes, or raise a company's stock price. In many companies that published fraudulent financial statements, senior executives held significant stocks or stock options, and lowering the price of the stock would significantly reduce personal net worth or make worthless options. As a result, senior management had to maintain the high share price and therefore needed high returns to maintain the high share price. Investors value reports that increase profits each year. Indeed, the decline in earnings can significantly lower a company's stock price. Sometimes fraudulent financial reports cause line managers to exaggerate the results to meet the company or other expectations. Sometimes the cost of failure in corporate governance is high, and when it comes to choosing between failure and fraud, some managers quickly turn to fraud.

5 0
3 years ago
Human beings are complex, and few, if any, simple and universal principles explain organizational behavior. Nevertheless, it doe
tiny-mole [99]

Answer:

2. Reflect situational, or contingency, conditions

Explanation:

Organizational Behavior must reflect situational, or contingency, conditions to study human nature

3 0
3 years ago
Bob is hired by Carol to collect outstanding balances owed to her by her customers. However, Bob is not an attorney and cannot f
Sliva [168]

Answer:

A sub-agent

Explanation:

Since Mike who was hired by Bob is licensed to practice law, which would help him file a lawsuit against those who don't pay the outstanding balances owed, he is a sub-agent.

A sub-agent in legal law is someone who performs a fiduciary duty and incurs the same liabilities in regard to his immediate employers, like the sole principal.

4 0
4 years ago
Which feature provides the capability of setting a form field at a desired location in a form and restricting its movement?
Sergio039 [100]

Answer:

A

Explanation:

5 0
2 years ago
The Real Estate Recovery fund is financed through money received from administrative fines and surcharges on new and renewing li
Lelu [443]

Answer:

The correct answer is:  $1,000,000 (one million dollars).

Explanation:

The Real Estate Recovery fund is the poll of money collected to refund people who have been affected somehow by real state brokers or salespeople. Fraud, misrepresentation or deceit are considered for his purpose and it is given only when no benefit can be provided to the person affected after court. If the amount implied is greater than $1,000,000 (one million dollars) the Real Estate Recovery Fund is unable to provide any reimbursement aid.

3 0
3 years ago
Other questions:
  • If 9,000 fans bought tickets totaling $135,000, what was the average revenue per ticket?
    6·1 answer
  • Xavier Co. wants to purchase a machine for $37,900 with a four year life and a $1,000 salvage value. Xavier requires an 8% retur
    11·1 answer
  • What is rent in personal finance ?
    10·1 answer
  • Financial aid that is given based on a family financial background is called ____ aid.
    8·2 answers
  • Sally's Gift Baskets sells gift baskets, on average, for $125; each gift basket costs, on average, $60. Debby pays salaries each
    9·1 answer
  • A portfolio manager generates a 10% rate of return on a "small cap" portfolio, compared to an 8% rate of return on the benchmark
    5·1 answer
  • A guidance counselor at a high school is working on a project to get more girls interested in the Science, Technology,
    13·2 answers
  • Which of the following are reasons to write a business plan?
    8·2 answers
  • Jerod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his co-workers and superv
    9·1 answer
  • When the year-to-year changes in comparative balance sheet accounts do not coincide with the changes implied from amounts report
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!