Which of the following is not a duty of an insurance agent?
A) Duty to make a profit in the long run for the insurance agency and the insurer
B) Carefully handling all money and keeping proper records
C) Carefully conveying all relevant information
D) Duty not to enrich himself by self-dealing at the principal's expense
A
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Which of the following is false?
A. An increase in the selling and administrative expenses as a percentage of sales will cause a decrease in the profit margin percentage. B. Earnings per share will increase when treasury shares are repurchased. C. The fixed asset turnover ratio will decrease when working capital assets increase. D. All of the above are false. E. None of the above is false
A newspaper ad for General Mills cereal highlights its Box Tops for Education program in which General Mills donates cash to schools when the schools redeem box tops off General Mills cereal. What does this ad focus on?
a. a product mission b. a product benefit c. a product attribute d. creating product loyalty