Josephine Richards purchased a variable annuity contract from the Lampier Insurance Company and invested all her premiums in subaccounts. With regard to this situation, it is correct to say that (Lampier / Ms. Richards) assumes the investment risk for the annuity contract. Additionally, Lampier invested the annuity premiums Ms. Richards paid in its (general / separate) account portfolio.
A. Lampier / general
B. Lampier / separate
C. Ms. Richards/general
D. Ms. Richards/separate