In an insurance transaction, licensed agents legally represent which of the following?

The main objective of long-term financial planning models is to:

A. determine the asset requirements given the investment activities of the firm. B. plan for contingencies or uncertain events. C. determine the external financing needs. D. All of the above. E. None of the above.

An unlicensed contractor who performs services is entitled to payment for his services if the

licensing statute in question is to raise revenue and requires no special knowledge or skill. Indicate whether the statement is true or false