Who created Fannie Mae?

a. Shareholders
b. The federal government
c. The Federal National Insurance Company
d. None of the above

.B

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The largest line of life insurance in terms of total contract value in the U.S. is

A. ordinary life. B. group life. C. industrial life. D. credit life. E. noncontributory life.

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Kate could not attend the last shareholders' meeting and thus she granted the authority to vote on her behalf to the managers of the firm. Which term applies to this granting of authority?

A. Straight B. Cumulative C. Consent-form D. Proxy E. In absentia

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