Many companies view their customer information file (CIF) as a key source of competitive advantage

Which of the following statements regarding direct-writing companies is NOT true?

A) The producer owns the book of business. B) Employees are paid a salary, commission, or both to sell the company's insurance products. C) The insurer owns all of the business that is produced. D) Producers are considered employees."

The body of law that governs personal property transactions (but does not apply to real estate) and involves use of security agreements, financing statements, and bulk transfers is the

A) American Land Title Association. B) Uniform Commercial Code. C) Parol Evidence Rule. D) Statute of Limitations.