The provision in a listing agreement that gives additional authority to the broker and obligates the broker to distribute the listing to other brokers is a(n)

A) joint listing clause.
B) multiple listing clause.
C) net listing clause.
D) open listing clause.

Answer: B) multiple listing clause.

Business

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Which of the following statements pertaining to reinstatement of a life insurance policy is CORRECT?

A) A new contestability period is renewed with a reinstated policy. B) The insurance company will make all beneficiaries prove insurability before reinstatement. C) When reinstating a policy, the insurer will change the premium based on the insured's attained age. D) Reinstatement is only available to policyowners who have intentionally surrendered their life policies."

Business

Messages that try to convince the audience to consider then purchase products and services are called what?

A) Direct messages B) Indirect messages C) Business messages D) Persuasive business messages E) Marketing and sales messages

Business