Question

An insurer must file variable life insurance policies, and their riders, endorsements, applications, and other related documents, with the Director.

a) True
b) False

Answer 1

Exercise 5.4.2 is false because the Georgia Trustee system did not have the advice of a royal governor, and Exercise 6.1.3 is true because colonial governors could veto legislation.

Step-by-step explanation:

The question pertains to the powers and duties of colonial governors in historical context.

The correct answer to 'Exercise 5.4.2' regarding whether the Trustee system was advised by a royal governor who lived in Savannah is false, since the Trustee system in Georgia was developed to operate without a royal governor's interference and was instead managed by trustees in London, England.

As for 'Exercise 6.1.3,' it is true that colonial governors possessed the right to veto legislation passed by the colonial assemblies, as this was one of the checks on legislative power in the British colonial system.