Under the Uniform Securities Act (USA), which of the following statements would be disallowed?

The government of the U.S. guarantees a 3% interest rate, to be paid semiannually, on a new 5-year Treasury note.

A sales representative of GetErDone Broker-Dealers guarantees that a client can expect an average annual rate of return of 2% on a mutual fund investment the sales representative is selling, pointing to the fact that the fund has returned an average annual rate of return of 6% over the past ten years.

An insurance company guarantees a fixed payment of $300 a month for life on an annuity it is selling.

Neither the statements in Selections B or C would be allowed under the guidelines of the Uniform Securities Act.