A customer is someone who has nothing in writing and is unrepresented.

a. true
b. false

Answer: b. false

Business

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What is Monte Carlo simulation and how is one conducted?

What will be an ideal response?

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Which of the following statements about insurance brokers is (are) true?

A) They legally represent the insurance company. B) They have the legal power to bind the insurance company and can provide coverage for their insureds immediately. C) They have the right to approach a variety of insurers when searching for a particular product or coverage. D) Both A and B are true.

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