Which of the following is least likely to be representative of age bias?
A) Young and energetic
B) Three years of experience
C) Entry level
D) Senior
E) Mature
Answer: B
Explanation: B) Requiring someone to be young, entry level, senior or mature is an indication of age. Requiring an objective amount of experience, which can be acquired at any age, is least likely to indicate an age bias.
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To be workable, insurance must have which of the following characteristics?
a. Pooling of losses b. Payment only for random losses c. Risk transfer d. Indemnification e. All of the above
When a listing agent signs an agreement, in reality he or she is
A. signing on behalf of a cooperating broker. B. signing on behalf of all licensees in the company. C. signing on behalf of all other MLS licensees. D. signing on behalf of the indicated broker