A funding arrangement in which an insurer guarantees the rate of interest for a number of years on a lump-sum deposit is called a:

a) Guaranteed investment contract (GIC)
b) Separate investment account
c) Unit benefit formula
d) Trust fund plan

Answer: a) Guaranteed investment contract (GIC)

Business

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Which of the following could result from the use of euphemisms?

A) Euphemisms often convey disrespect or rudeness. B) Negative news is conveyed in a negative way. C) There is a risk that the truth might be obscured. D) Euphemisms can trigger negative connotations. E) Euphemisms usually offend the listener.

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Cross-cultural proficiency is characterized by four key personality traits: tolerance for ambiguity, perceptiveness, valuing personal relationships, and flexibility and adaptability

Indicate whether the statement is true or false

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