Question

In 2004, the Florida legislature addressed the special needs of senior consumers with regard to annuity investments. For instance, an agent is required to maintain records relating to such transactions for ________ years.

a) 3
b) 5
c) 7
d) 10

Answer 1

The student is asking about the requirements for agents regarding annuity investments in Florida, and the answer is that an agent is required to maintain records for 10 years.

Step-by-step explanation:

The subject of this question is Business because it pertains to the laws and regulations surrounding annuity investments in Florida.

In 2004, the Florida legislature addressed the special needs of senior consumers with regard to annuity investments.

They established certain requirements for agents, such as the maintenance of records relating to such transactions.

The correct answer is d) 10. An agent is required to maintain records relating to annuity transactions for ten years.