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aev [14]
1 year ago
15

Who's ultimately responsible for determining the role a licensee is expected to play in any transaction?

Business
1 answer:
Nesterboy [21]1 year ago
6 0

The broker of record is ultimately responsible for determining the role a licensee is expected to play in any transaction.

When an insurance company pays an agent a monthly commission to manage and represent a policyholder's insurance policy, that agent is known as a broker of record. Two parts of this position include liaison work for the policyholder and communication.

A broker of record in the context of insurance is an agent chosen by the policyholder to represent and administer the policy. All correspondence to the policyholder may be copied by the broker of record, who may also accept quotations, policies, and notices on the policyholder's behalf. One of the most potent and frequently misused legal documents in the insurance sector is the Broker of Record (BOR) letter. Unfortunately, a lot of unethical brokers get uninsured people to sign this.

To know more about Broker of Record refer to:  brainly.com/question/24278535

#SPJ4

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The fiscal 2016 balance sheet for Whole Foods Market reports the following data (in millions). Cash and Cash Equivalents Marketa
Lilit [14]

Answer:

Option C 0.72 is correct

Explanation:

Cash and cash equivalents 351

Marketable securities         379

Accounts receivable         242

Total quick assets                 972

Divide by Current liabilities 1341

Quick ratio                         0.72

3 0
3 years ago
Read 2 more answers
Suppose Bev's Bags makes two kinds of handbags—large and small. Bev rents an industrial space where she keeps the fabric, the in
Oksanka [162]

Answer:

c. All are correct.

Explanation:

Variable costs depend on the number of units produced, if production drops to zero, all associated variable costs also drop to zero; options b and d are correct.

Fixed cost remain the same with changes in the production volume. Therefore, even if Bev's Bags produced no bags, fixed cost of thread would stay the same; option a is correct.

Therefore, all are correct.

8 0
3 years ago
What is the purpose of a greenfield investment? to acquire an existing firm in a foreign country. to merge with an existing firm
Stels [109]

According to the Bureau of Economic Analysis (BEA), a greenfield investment is a project “where foreign investors establish a new business or expand an existing business on U.S. soil.”

4 0
3 years ago
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ch4aika [34]

Answer:

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Explanation:

8 0
3 years ago
Many former employees at AlphaEnergy, an energy trading and supply company, had a large
Virty [35]

Answer:

Letter A is correct.<u> </u><em><u>Unsystematic</u></em><em> </em>risk.

Explanation:

Unlike systematic risk, which is an inherent market risk, unsystematic risk is inherent in a specific sector or company.

The case in point concerns the investment of former AlphaEnergy employees, which is a unsystematic risk, as the investment risk in single-company shares includes regulatory changes, management changes, loss of market due to competition and withdrawal of the product from the market.

To reduce this type of risk, investors should seek diversification in their stock portfolio.

7 0
3 years ago
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