With an equity-indexed annuity, what name is given to the method of crediting excess interest to the annuity?
A) the capitation method
B) the indexing method
C) the distribution method
D) the earnings method
Answer: B
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In a profit center, the manager has responsibility and authority for making decisions that affect:
A) liabilities B) assets C) equity D) costs
Eyenima Inc. is a public stock company. Which of the following best exemplifies the legal personality of the company?
A. Bjorn Eyenima, the company's founder, died a few years ago, yet the company is doing well. B. Tabitha is a shareholder of Eyenima but does not have any managerial duties. C. Edward, an employee at Eyenima, is not responsible for any losses that Eyenima incurs. D. Frieda, a shareholder, can legally sell shares of Eyenima in the stock market.
________ conflict is conflict that is deliberately and systematically created, even when no real differences appear to exist.
A. Systemic B. Imaginary C. Programmed D. Contrived
Under the UCC, when contracts go back and forth between parties with conflicting terms, often written on standard forms, it is referred to as the "battle of the forms."
a. True b. False Indicate whether the statement is true or false