English Language · English

The given sentences P, Q, R, and S form a passage. Select the option that arranges them in the most logical order: P. When annuities are granted upon lots of lives, the liberation of the public revenue does not commence till the death of all annuitants. Q. When annuities are granted upon separate lives, the death of every individual annuitant disburdens the public revenue. R. Annuities for lives have occasionally been granted in two different ways; either upon separate lives, or upon lots of lives. S. Upon the same revenue more money can always be raised by the former than by the latter.