A key determinant of ethical behavior is:

A) training.
B) law.
C) society.
D) All of the above

Answer: A

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What is the basic purpose of acknowledgment before a notary public in signing a deed?

A) To make the deed eligible for recording B) To assure that the title is valid C) To show the genuineness of the grantor's signature D) To prove that the property has not been encumbered

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Which of the following statements is (are) true concerning the automatic premium loan provision?

I. Unlike other policy loans, interest is not charged on automatic premium loans. II. The basic purpose of an automatic premium loan is to prevent a life insurance policy from lapsing. A) I only B) II only C) both I and II D) neither I nor II

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