Grace is a life insurance agent. She is attempting to sell a large life insurance policy, but the prospective purchaser is having second thoughts
To persuade the prospective purchaser, Grace said, "I will earn a $1,000 commission if you buy this policy. I'll give you $500 of my commission if you buy the policy." In most states, what illegal sales practice will Grace be guilty of if she splits her commission with the purchaser?
A) rebating
B) churning
C) twisting
D) backdating
Answer: A
Business
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Which of the following is states usually does not terminate on the death of the holder of the estate?
A) Life estate B) Estate for years C) Estate at will D) Estate at sufferance
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The average scope of influence that an individual has is between 50 and 100 people
Indicate whether the statement is true or false
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