Which of the following statements about insurance brokers is (are) true?
A) They legally represent the insurance company.
B) They have the legal power to bind the insurance company and can provide coverage for their insureds immediately.
C) They have the right to approach a variety of insurers when searching for a particular product or coverage.
D) Both A and B are true.
C
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Promissory notes are non-negotiable
a. True b. False Indicate whether the statement is true or false
Selling is a very complex process, but it is easy to do on a consistent basis.
Answer the following statement true (T) or false (F)
If a vacation home is determined to be a personal/rental use residence, which of the following statements is correct?
A. All rental income is included in gross income. B. All rental related expenses that are deductible are classified as deductions from AGI. C. Expenses must be allocated between rental and personal use. D. Only a. and c. are correct. E. Choices a., b., and c. are correct.
According to Fligstein and Choo, corporate governance systems arise from:
a. Government choice b. The needs of owners of capital to maximize profit c. Political and historical processes d. Stakeholder activism