A client receives a lump-sum inheritance. He'd like to use the money to create a lifetime income since he'll be retiring soon. He purchases an annuity and wishes to receive payments beginning in 2 months. What did he buy?
A. Flexible Premium Immediate Annuity
B. Single Premium Deferred Annuity
C. Single Premium Immediate Annuity
D. Flexible Premium Deferred Annuity
Ans: C. Single Premium Immediate Annuity
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Which Act gave the Environmental Protection Agency the authority to manage hazardous waste from "from cradle to grave"?
a) The Resource Conservation and Recovery Act b) The Toxic Substances Control Act c) The Comprehensive Environmental Response, Compensation, and Liability Act d) The Federal Water Pollution Control Act
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Taken as a unit, the Supreme Court's rulings in the Trilogy cases have done little to strengthen the system of private arbitration
Indicate whether the statement is true or false
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