Which of the following is not a duty of the agent?
A) No self-dealing at principal's expense
B) Forwarding all premiums to the principal
C) Not submitting any type of business the insurer does not want
D) To guarantee the insurance buyer that the insurer will write them a policy at an affordable rate
D
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The tort of interference with contract:
A. does not protect the sanctity of private contractual relationships. B. justifies inducing a breach of contract in most cases. C. does not apply to a person who intentionally induces a person to breach a contract with another. D. applies to a person who intentionally prevents performance of another person's contract.
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What will be an ideal response?
At a certain level of operations, per unit costs and profit for Athena Manufacturing Company are as follows: manufacturing costs, $ 150; selling and administrative costs, $ 50; desired profit $50. Given this information, the mark-on percentage to manufacturing cost used to determine selling price must have been:
a.75 percent b.25 percent c.67 percent d.33 percent
Companies can use demographic data to create profiles of current customers and identify new market opportunities.
Answer the following statement true (T) or false (F)