jennawright1399 jennawright1399

21-02-2024
Business

contestada

Under the modified endowment contract (MEC) rules, which of the following is NOT considered a distribution from the MEC?
1) Loans taken as cash or used to pay premiums
2) Dividends received as cash
3) Dividends retained by an insurer to pay premiums
4) Withdrawals from the contract

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