Operating control involves checking ongoing performance against the annual plan and taking corrective action when necessary

Each domestic insurance company in Nebraska is subject to an examination by the Department of Insurance at least every:

A) 3 years. B) 5 years. C) 4 years. D) 2 years.

Which of the following represents a fraudulent misrepresentation by an agent:

A: His representation is an obvious falsehood; B: His representation is made with a knowledge of the falsehood; C: His representation caused the aggrieved party to enter into the contract; D: All of the above.