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
Sergio [31]
3 years ago
15

All of the following statements are TRUE about variable annuities EXCEPT: (A) Monies invested are professionally managed in acco

rdance with the objective of the holder. (B) Variable annuities protect the investor against capital loss. (C) The portfolio can consist of shares of other mutual funds. (D) Changes to the investment objective require a majority vote of the shareholders.
Business
1 answer:
ivanzaharov [21]3 years ago
7 0

Answer:

The correct answer is B

Explanation:

Variable annuity is the kind of the annuity contract or an agreement, the value of which could vary or changes grounded on the performance of the underlying portfolio of the mutual funds.

The annuities differ from those of the fixed annuities, which provide the guaranteed as well as particular return.

Variable annuity is both a securities as well as an insurance product. So, the annuitant assumes that the investment risk of this annuity and will not be protected against the capital losses of the insurance company.

You might be interested in
What is one difference between a vocational school and on-the-job training?
Gemiola [76]
Vocational classes provide job focus training for specific roles or careers
8 0
2 years ago
Read 2 more answers
Astor Manufacturing stores hazardous and volatile chemicals in its warehouse. The warehouse has state-of-the-art equipment to ma
Wittaler [7]

Answer:

C. strictly liable for Will's injuries

Explanation:

In law, Strict liability is a situation when defendant is required to be responsible to a certain situation, but can't be considered as guilty to any violation.

There are two points that need to be highlighted from the case above:

1.  Astor Manufacturing process has fulfilled all of its safety regulation for storing the dangerous product.

2. The dangerous product owned by Astor Manufacturing caused William's injury.

The regulations for hazard management is created by the government, and the leak is not caused by their negligence. It's caused by unexpected natural disaster.  This is why we can't say that Astor is guilty to any violation.

But still, the chemical that they created injured William. The court will most likely force Astor to be responsible for all the medical expenses incurred by william.

6 0
3 years ago
This document is published by the Office of Inspector General (OIG) every year. It details the OIG's focus for Medicare fraud an
olga nikolaevna [1]

Answer:

<em>The OIG's Workplan</em>

Explanation:

Work planning process for the Office of Inspector General (OIG) has always been vibrant and improvements have been created during the year to satisfy objectives, and with the available resources to anticipate and respond to emerging issues.

<em>The OIG Work Plan establishes various projects, such as OIG audits and evaluations which are yet to be established or arranged to be tackled by OIG's Audit Services Office and Evaluation and Inspections Office during the fiscal year and beyond.</em>

3 0
3 years ago
On January 1, 2017, the merchandise inventory of Glaus, Inc. was $1,600,000. During 2017 Glaus purchased $3,200,000 of merchandi
valentinak56 [21]

Answer: $1,800,000

Explanation:

The merchandise inventory of Glaus at December 31, 2017 will be:

Begining Inventory = $1,600,000

Add: Purchases = $3,200,000

Less: Cost of goods sold = $4,000,000

Add: Gross profit = 25% × $4,000,000 = $1,000,000

Ending Inventory = $1,800,000

The answer is $1,800,000.

8 0
2 years ago
When texting or instant messaging on the job, don't worry about your grammar and spelling because your goal is to send quick, sh
Rudik [331]
The answer is option b, that is false.
When texting or instant messaging on the job, we have to worry about our grammar and spelling, we should always use good grammar and <span>correct spelling </span>to get the job and we should also avoid abbreviations, slang and unnecessary things.
7 0
3 years ago
Other questions:
  • you have 20 cookies with the ratio is 2 chocolate chip for every 3 sugar. how many cans will be in each group?
    7·1 answer
  • Business are hiring workers and GDP starts to increase as consumer spending increases
    7·1 answer
  • The collection of money from a group of investors used to buy different investments is a ___
    9·1 answer
  • Kathleen just received a bonus from EG. She is excited because her dad started his career with EG. If her bonus of $300,000 is e
    13·2 answers
  • Diversification is most effective when security returns are _________. a. high b. negatively correlated c. positively correlated
    7·1 answer
  • The Pastel Paint Company recently loaned $300,000 to KIX 96, a local radio station. The radio station signed a noninterest-beari
    5·1 answer
  • Three important forms of long-term (capital) expenditures are
    6·1 answer
  • Under what circumstance would agency conflict be most likely to increase? When owners are very close to the business. When owner
    13·1 answer
  • Select the strategies that help to lower the number of search results returned by a search engine or database. (there is more th
    10·1 answer
  • Why should an entrepreneur do a feasibility study for starting a new venture
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!