Question

Receiver" is the synonym of beneficiary.

1 point

True

False
​

Answer 1

True

Explanation:

Yes, it is true that receiver is a synonym of beneficiary.

This is due to the fact that beneficiary is the term used for the person who gains interest as a result of a policy or an incident. Such as beneficiaries of insurance policy.

So that beneficiary is the receiver of the benefit. Therefore, receiver is a synonym of beneficiary.

Answer 2

Here is the correct answer along with explanation:

"Receiver" is the synonym of beneficiary.

The answer is TRUE

Explanation

Synonym means having the same meaning.

Beneficiary means 'a person who receives money or property from a relative or friend after his/her death.'

Receiver means 'a person who receives something'.  

So beneficiary is a kind of receiver.