What type of relationship is created when a customer makes a deposit into her account at a

bank?

A) Principal-agent B) Donor-donee
C) Trustee-beneficiary D) Creditor-debtor

D

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The Code of Federal Regulations is a daily government publication containing proposed rules, final rules, and notice of other actions by federal regulatory agencies.

a. true b. false

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All of the following are true regarding the taxation of life insurance products, except:

A. Annuity death benefits are paid out totally tax free. B. When an individual pays their own life insurance premiums they can not deduct them on their personal income taxes. C. Premiums paid by an employer on a non-contributory group plan are tax deductible as a business expense. D. All of the above are true

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