The type of listing illegal in New York State is a (n)

a. Net listing.
b. Exclusive agency.
c. Exclusive right to sell.
d. Open listing.

Answer: a. Net listing.

Business

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A report which is based on creditworthiness and personal characteristics that influences an insurance applicant's eligibility for life and health insurance is called a(n)

A) MIB report B) consumer report C) agent's report D) medical report

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Franchisees pay the franchiser a monthly or annual fee based on a percentage of sales or profits.

a. true b. false

Business