Which of the following statements about personal producing general agents is (are) true?
I. They often have the option of recruiting and training sub-agents.
II. They are independent agents who produce substantial amounts of life insurance with one insurer.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
You might also like to view...
Producers often shift some functions to intermediaries. Which of the following is the most significant benefit of doing this?
A) It increases customer loyalty. B) It provides the producer with greater control over operations. C) It reduces the amount of direct customer interaction. D) It lowers the producer's costs and prices. E) It ensures greater information security.
The judge will decide which jury instructions to give based on:
a. the legal and factual arguments. b. the overall appropriateness of the instruction. c. whether sufficient evidence was presented during the trial. d. recommended or pattern jury instructions for the jurisdiction. e. All of the above
A company's accountant capitalized a payment that should have been recorded as a revenue expenditure. How will this error affect the company's financial statements?
A) Net income will be understated. B) Expenses will be overstated. C) Assets will be overstated. D) Liabilities will be overstated.
Outcome measures are often highly related to each other.
Answer the following statement true (T) or false (F)