Field underwriting performed by the producer involves
A) assigning a risk classification to be insured
B) providing commission information to the applicant
C) approving or declining an applicant
D) completing the application and collecting initial premium
Ans: D) completing the application and collecting initial premium
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Which of the following definitions best describes a team (or work team)?
a) A group of people performing the same job functions and working in the same office space. b) A group of people with complementary skills who work together to achieve a specific goal. c) A group of people who go about their jobs independently and meet primarily to share information.
A ________ is a logical interpretation of the facts and a ________ suggests an action in response to the facts
A) paraphrase; quote B) cause; correlation C) cross-tabulation; response D) conclusion; recommendation E) trend; summary