Which of the following statements about insurance brokers is (are) true? I. They legally represent the insured rather than the insurance company. II. They are prohibited from being licensed as agents

A) I only
B) II only
C) both I and II
D) neither I nor II


Answer: A

Business

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The ____________________ is the difference between the face value and the price of a bond when the current market interest rate is less than the stated rate of that bond

Fill in the blank(s) with correct word

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The complexities of ABC have caused many firms to abandon this method in favor of a simpler accounting model called value stream accounting

Indicate whether the statement is true or false

Business

A retail operation would not have to take a physical inventory if it uses a perpetual inventory system

Indicate whether the statement is true or false

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Which is a guideline for outlines?

a. Three types of outlines are recommended. b. Notes are helpful on the full-sentence outline. c. Each point should provide several ideas. d. Facts and statistics should be cited.

Business