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.
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A planning bill of materials is most likely used in "assemble-to-order" mpc environment.
According to the corporate production approach known as "assembly-to-order," customers' orders for items are swiftly manufactured and, to some extent, customized. Typically, it calls for the basic product components to be manufactured but unassembled. The parts are swiftly put together after receiving an order, and the finished item is then delivered to the client.
The assemble-to-order strategy (ATO) is a combination of the make-to-stock (MTS) and the make-to-order (MTO) strategies (MTO). Making all of the product in advance is known as a "make-to-stock" technique. The goal is to create an inventory that satisfies current or projected consumer demand. This strategy would involve deciding on a production level, stockpiling items, and then making an effort to sell as many assembled products as you can.
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The best example of a law is D
