Genetic Variation vs. Heredity

Meiosis guarantees that in a sexual life cycle, offspring will inherit one complete set of chromosomes (and their associated genes and traits) from each parent. The transmission of traits from parents to offspring is called heredity.

Another important aspect of meiosis and the sexual life cycle is the role these processes play in contributing to genetic variation. Although offspring often resemble their parents, they are genetically different from both of their parents and from one another. The degree of variation may be tremendous.

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I think my answers are right so far, but I don't know where to place the last one. Could someone tell me whether these are right and where the last one goes?