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NEW QUESTION: 1
A variable annuity is:
A. not a security and, therefore, does not have to be registered with the state.
B. not a security, but is still required to be registered with the state before it can be offered for sale.
C. a security and, therefore, has to be registered with the state before it can be offered for sale.
D. a security, but is exempt from state registration.
Answer: D
Explanation:
A variable annuity is defined as a security, but is exempt from state registration in the opinion
of the North American Securities Administrators Association (NASAA.) The Supreme Court of the U.S.
passed a ruling that deemed a variable annuity to be a security. The National Securities Market
Improvement Act of 1996 (NSMIA) established variable annuities to be federal covered securities,
however, since they are, for all intents and purposes, mutual funds. Federal covered securities are
exempt from state registration.

NEW QUESTION: 2
HOTSPOT


Answer:
Explanation:



NEW QUESTION: 3
You execute some DMLcommands, followed by a COMMITStatement Which option correctly describes how the logwriter (LGWR) process takes part in the transaction commit?
A. 1. GWR writes only the transaction's redo entries from Redo Log Buffer to disk.
2. LGWR writes the commit record to disk.
B. 1. LGWR puts the commit record to Redo Log Buffer.
2.LGWR signals the database writer (DBW) process to write dirty blocks to disk.
3.LGWR writes all redo entries from Redo Log Buffer to disk.
C. 1. LGWR writes the commit record to disk.
2. LGWR writes all redo entries from Redo Log Buffer to disk.
D. 1. LGWR puts the commit record to Redo Log Buffer.
2. IGWR writes all redo entries from Redo Log Buffer to disk.
E. 1. LGWR puts the commit record to Redo Log Buffer.
2.If the activity is high, LGWR waits three seconds for other transactions to commit.
3.LGWR writes all redo log entries from Redo Log Buffer to disk.
Answer: A