Which of the following statements is (are) true with respect to variable annuities?
I. The price at which accumulation units can be purchased fluctuates during the funding period.
II. The value of annuity units fluctuates over time.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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Deidre Longo has just accepted a position with a major entertainment venue where she is responsible for selling season tickets. She formerly was a salesperson for a company that sold sound systems for arenas, stadiums, and theatres. She believed she understood why theatre managers bought certain products but realizes that selling tickets to individuals will be different. What is one of the key differences she can expect to find?
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In the workplace, a formal invitation to bid on a contract is called a
A) business offering. B) request for proposal. C) bid requisition. D) project invitation. E) request for bid.