An insurance producer in a position of financial trust to both the client and the insurer is best described as

A) a solicitor
B) a broker
C) a trustee
D) a fiduciary"

Ans: D) a fiduciary"

Business

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In reviewing the T-account for Accounts Receivable, you find that the beginning balance is zero, the total increases are $5,200 and the total decreases are $2,400. This means that the ending balance of the account is a credit balance of $2,800.

a. true b. false

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According to a study by McKinsey & Company, most executives worldwide agree that environmental, social, and business trends are less critical to company strategy than was the case five years ago.

a. true b. false

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