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katrin [286]
3 years ago
12

Which of the following statements is/are TRUE about a variable annuity contract?

Business
2 answers:
stepan [7]3 years ago
7 0

Answer:

The answer is: D) All of the above

Explanation:

The characteristics of a variable annuity contract are:

  1. earnings are tax deferred and reinvested
  2. they offer a Guaranteed minimum death benefit (GMDB)
  3. depending on the annuity payout option the beneficiary takes, they can provide guaranteed income for life

The beneficiary can decide between different annuity options. Annuity payments can vary depending on the account's earnings.

daser333 [38]3 years ago
6 0

Answer:

The best answer to the question: Which of the following statements is/are TRUE about a variable annuity contract, would be, D: All of the above.

Explanation:

A variable annuity contract is basically and agreement between a client and an insurance company in which the client will be able to save up part of his/her capital, and make some monetary gains from investement, as well as be able as withdraw part of that monetary gain, under the supervision and hallmarks of the insurance company and the program that has been selected. Unlike the fixed annuity, the variable allows for some more freedoms for the client, although it is also a riskier form of saving, as in the end, there may be no return from investment.

Given that, from all the statements in this question, all of them are part and parcel of what a variable annuity contract is, and therefore, instead of saying all of them are true, we choose D, which involves them all.

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In recent years, the trend among U.S. firms is to outsource the "production" of certain service activities to developing nations
Amiraneli [1.4K]

Answer:

TRUE

Explanation:

We currently live in a globalized world. Globalization is an economic and political phenomenon that has transformed the relations of production and labor. The companies started to produce in countries where the labor is cheaper, becoming consequently more competitive. Thus, US multinational companies outsource the manufacture of components of their products in different territories. For example, an Iphone has components made in China, Vietnam and others. This makes the final price of the iphone lower around the world.

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3 years ago
After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automo
Savatey [412]

Answer:

The answer is option C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.

Explanation:

After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automotive repair, glass replacement, dent repair and repainting.

Demand is a good or service that consumers are willing and able to purchase at various prices during a given period of time.

In this situation, the car owners are wanting car repairs will be willing to purchase glass and other damaged parts of the car, as well as pay for the services of repairs.

While the automotive and glass repair and replacement companies will handle the supplies and repairs.

4 0
3 years ago
The wages and salaries expense account would be used to record
Ksenya-84 [330]
I think the answer is d
7 0
3 years ago
a car travelling at 36km / h accelerates uniformly acceleration final 2m / s ^2 find its velocity in 5 second ​
FinnZ [79.3K]

Answer:

v = 20 m/s

Explanation:

Given that,

Initial speed of the car, u = 36 km/h = 10 m/s

Acceleration of the car, a = 2 m/s²

We need to find the final speed of the car in 5 seconds. Let the final speed is v. So,

v = u +at

Substitute all the values,

v = 10+2(5)

= 10+10

= 20 m/s

So, the final speed of the car is 20 m/s.

3 0
3 years ago
Donna is the service desk coordinator in a department store, and she has set a goal this month of finishing her daily office wor
guapka [62]

Answer:

The correct answer is operational goal

Explanation:

An operational or operational objective is a short-term goal whose achievement moves an organization towards the achievement of strategic or long-term objectives. In business, operational objectives define a clear, often measurable, result of a commercial operation or process typically expected to be achieved within a single calendar or fiscal year. The business term is normally used in the context of strategic management and operational planning. Operational objectives may be gradual steps or measures towards the achievement of an operational objective.

An operational objective is also called a tactical objective in some contexts, especially when it comes to military operations or tactical public safety planning.

5 0
4 years ago
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