Answer:
"twisting"
Explanation:
Based on the scenario being described within the question it can be said that the act that is being described in this statement is known as "twisting". Like mentioned in the question this is the act of when an insurance agent replaces an already existing policy with a different one using misleading representation or tactics. This act is illegal in almost all of the states within the United States of America.
Answer:
Trading on equity defines the increase in profit earned by the equity shareholders due to presense to financial charges.
When a company is higher the rate of interest on borrowed funds.so company should option for trading on equity.
Explanation:
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