Funds held by an insurance producer in a fiduciary capacity
A) cannot be converted to an individual's or a firm's own use
B) can be used as income by the producer, since they result from sales
C) must be held in the producer's personal account for at least 15 days
D) are deemed producer funds if they are premiums collected to pay for insurance coverage"
Ans: A) cannot be converted to an individual's or a firm's own use
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A limited liability company cannot be abbreviated as LC
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In the job characteristics model, task significance refers to the degree to which a job ________
A) provides freedom, independence, and discretion to the individual in carrying out the work B) requires a variety of activities and uses a number of different employee skills and talents C) requires completion of a whole and identifiable piece of work D) has a substantial impact on the lives or work of other people