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Commerce · Q914

Financial Management

Graduate and Post Graduate · Commerce · question 914

Q914

Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as

A.
debit unions
B.
life insurance companies
Answer
C.
credit unions
D.
auto purchases

Answer: Option B

Solution

Answer: Option B
Solution:
Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as life insurance companies.
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