A consumer's belief about what the future holds is an indicator of consumer confidence

Of the following, which best describes the difference between life insurance and annuities?

A. Annuities create an instant estate, while life insurance liquidates an estate. B. Annuities provide a tax free income in retirement. C. Life insurance can be funded monthly, while annuities require a lump-sum funding. D. Life insurance creates an instant estate, while annuities liquidate a sum of money.

The characteristic that distinguishes real property from personal property is that it:

A. is a long-term asset B. can be depreciated over its useful life C. is immovable D. can be willed