A commercial for Martox compares the speed with which Martox soothes an upset stomach to the speed of Tums antacids. The commercial also emphasizes that Martox is less expensive than Tums
Martox is most likely at which stage of the product life cycle?
A) introduction
B) growth
C) maturity
D) awareness
E) decline
C
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Which of the following statements regarding a stock insurer is NOT true?
A) It is owned by shareholders. B) The operations are overseen by a board of directors. C) The policies are participating policies. D) Profits may be distributed as dividends."
Which of the following statements about a resident life-only agent licensing is incorrect?
A. A licensee has 30 days to update a change in address. B. Licensees are required to have an in-state residential address. C. Loss of a previous professional license could result in the automatic denial of the life-only license application. D. A plea of nolo contendere is considered a conviction, thus it could hinder attempts to obtain a life-only license.