A salesperson's license must be
a. displayed on the firm's wall.
b. kept in the salesperson's wallet
c. retained by the principal broker.
d. d. sent to the local REALTORS association.
Answer: c. retained by the principal broker.
Business
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Denise, age 52, has a straight whole life policy and decides to stop paying premiums and take a paid-up policy for a reduced amount. Her paid-up policy will be
A) term insurance B) whole life C) any type of policy she selects D) an annuity"
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