All of these are valid options for an Adjustable Life Policy EXCEPT
A) The policy's premium can be increased or decreased
B) The policy's death benefit can be increased or decreased
C) A nonforfeiture option can be sed to increase the death benefit
D) The policy's protection period can be modified
Ans: C) A nonforfeiture option can be sed to increase the death benefit
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When would a broker be legally required to reveal the amount of commission under a net listing?
a. when the property is listed b. after the close of escrow c. whenever the seller asks d. before the seller accepts the buyer's offer
Functional specifications set out:
A) the purpose for which the product is required. B) all those aspects or characteristics of a product that are determined by its final use. C) how the product is to work. D) none of the above