American Bankers Association Exam CTFA Topic 1 Question 47 Discussion

Actual exam question for American Bankers Association's Certified Trust and Financial Advisor exam

Question #: 47
Topic #: 1

Most life insurance companies that are taxable in Canada fall into which one of the following classifications:

ADomestic life insurance companies

BMultinational life insurance companies resident in Canada

CNonresident life insurance companies operating in Canada through a branch

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Felicidad at Apr 24, 2023, 10:39 PM

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