Direct representation identifies that the exporter is selling directly to the consumer or customer

In addition to the general requirements for in-home office expenses, employees must also prove that the exclusive use of the office is for the convenience of the employer.

a. true b. false

If the loss ratio on a line of insurance is 70 percent and loss adjustment expenses are 33 percent, then the line is profitable before dividends if the ratio of

A. commissions and other expenses are 15 percent and investment yields are 10 percent. B. commissions and other expenses are 5 percent and investment yields are 6 percent. C. commissions and other expenses are 16 percent and investment yields are 20 percent D. commissions and other expenses are 15 percent and investment yields are 12 percent. E. commissions and other expenses are 6 percent and investment yields are 4 percent.