All of the following channels are used to distribute property and liability insurance EXCEPT:

(a) general agency system
(b) independent agency system
(c) direct writers
(d) exclusive agency system

Ans: (a) general agency system

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$65,000 is borrowed, to be repaid in 3 equal payments with 13% interest. Approximately how much principal is amortized witht he first payment?

a. $3,578.76 b. $27,528.93 c. $8,450.00 d. $19,078.93

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Sociological philosophers are unlikely to adhere to past law as precedent

Indicate whether the statement is true or false

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