Which of the following activities would NOT subject a licensed producer to a penalty under Nebraska law?
A) Forging a person's name to an insurance application or any other document.
B) Obtaining a license for the purpose of writing controlled business.
C) Misrepresenting the terms of any policy to the detriment of the applicant or the insured.
D) Selling a life insurance policy to an individual who already owns a current life policy.
Ans: D) Selling a life insurance policy to an individual who already owns a current life policy.
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The Fenton Company produces memorial bricks, which veterans' organizations, Chambers of Commerce, and other service organizations sell as fund raisers. The company has a target return on investment of 13 percent. This means that the Fenton Company has what type of pricing objective?
a. sales maximization b. status quo c. market share maximization d. profit-oriented
A slow collection period indicates slow-turning accounts receivable
Indicate whether the statement is true or false