An incorporated insurer whose capital is divided into shares and owned by its stockholders is

A) a foreign insurer
B) a reciprocal insurer
C) a mutual insurer
D) a stock insurer"

Answer: D) a stock insurer"

Business

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The Sparrow Partnership has three equal partners. Partner A's tax year ends June 30, and Partners B and C use a calendar year. If the partnership uses the calendar year to report its income, when Partner A files his tax return for his tax year ending June 30, 2018, he will include his share of partnership income for the period July 1, 2017, through June 30, 2018.

a. true b. false

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Maria is flagged as a special customer at your firm because she is a satisfied customer, returns to your company to buy, puts her reputation on the line to tell others about you, and convinces others to purchase from you, which suggests she is on the ________ rung of the loyalty ladder.

A) word of mouth/buzz B) repeat purchase C) satisfaction D) evangelism E) ownership

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