What is the difference between an agent and a broker?
What will be an ideal response?
Both agents and brokers are controlled by the principle agency legal relationship. However, the principle agent relationship exists between the insurer and the agent in the agent relationship. It exists between the client and the broker in the brokerage relationship. Therefore, any knowledge told to an agent is automatic knowledge of the insurance company. Anything told to the broker is not automatic knowledge of the company.
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Alice is shopping for a new car, and she has narrowed her decision to a Honda Accord and a Toyota Camry. Both sedans have similar features and prices, but Alice decides to purchase the Honda based on her intuition
Which of the following situations would most likely cause Alice to experience postpurchase dissonance? A) The price of the Honda Accord increases by a huge margin. B) The price of the Toyota Camry falls due to an increase in demand. C) The Honda Accord meets all her expectations and satisfies her needs. D) The Toyota Camry experiences technical failures that lead to a recall. E) The maintenance costs of the Honda Accord decrease significantly over time.
Which one of the following statements does NOT correctly explain a logic model?
a. A logic model is a systematic and visual way to present the relationships among resources, activities, and changes or results to be achieved. b. A logic model illustrates the cause-and-effect mechanism(s) by which an evaluand meets certain needs or achieves certain effects. c. A logic model is an evaluation tool; therefore, it is inappropriate to use it as a planning tool. d. A logic model provides stakeholders with a road map describing the sequence of related events, connecting the need for the planned program with the program’s desired results.
Which of these classifications systems has 23 major groups and 98 minor groups?
a. Dictionary of Occupational Titles b. Guide for Occupational Exploration c. Holland's system d. Standard Occupational Classification System
Which of the following statements about statistics is FALSE?
a. Statistics can be used to support virtually anything. b. Statistical methods and interpretation should not be included in the report process because they are easily misinterpreted. c. Statistical interpretation is the only practical and valid method by which some data can be interpreted. d. The use of statistical interpretation often seems valid and objective, even when it is not. e. All of the above statements are incorrect.