Believing that your decision is based on sound reasoning increases your risk of writing with less confidence

A broker who solicits and accepts a deposit on the purchase price of a parcel of real property without express written authorization from the owner to sell the property, is:

A: Guilty of violation of his fiduciary duty to the owner; B: Guilty of commingling a customer's funds with his own; C: Acting under a restricted listing; D: Acting as agent for the buyer and not the seller.

Insurance companies employ underwriters

A) as an alternative to higher deductibles. B) to control the risky behavior of their policyholders. C) to control the risk incurred on their behalf by agents. D) to encourage the loyalty of exclusive agents. E) to maintain the independence of independent agents.