$(1)00$:$29$:$41$

$Re$

Question #$3$ of $50$

In

Sam buys an annuity contract to provide lifetime payments for his own income. If Sam dies, survivor benefits, if any, would be paid to Sam's daughter. In this case, Sam is

Atte

A$)$ the contract owner

B$)$ the beneficiary

C$)$ the investment manager

D$)$ the contract director

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