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garik1379 [7]
3 years ago
13

An insurance producer wishing to do business under any name other than their legal name must notify the Commissioner:

Business
1 answer:
Fiesta28 [93]3 years ago
7 0

Answer:

prior to using the <u>Assumed names</u>

Explanation:

An insurance producer must get himself or his organization registered before doing any business of insurance.

For this there are certain rules as related to the names of such business.

There is the requirement to follow the rules and regulations.

If some person does this business not in his name, and uses some other assumed name, that is any kind of "insurance" word is used for example, "Life Insurance Co." then the person is required to take a prior permission from the commissioner.

This is to ensure that the name shall not be registered with some other organization.

Thus, no assumed names to be used, before prior permission is received from the commissioner.

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Whitmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.07 direct labo
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Answer:

Instructions are below.

Explanation:

Giving the following information:

Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.

We need to determine the total direct labor hours needed for each month.

February:

Total direct labor hours= 6,000*0.07= 420 hours

Total direct labor costs= 420*8.7= $3,654

March:

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Total direct labor costs= 455*8.7= $3,958.5

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3 years ago
________ can describe a product class, a product form, or a brand.
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4 years ago
A companys management team should give serious consideration to bidding for a private label footwear contract in a particular ge
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Common cash fraud techniques: Kiting: deliberate floating of fund between two or more bank accounts to cover the stolen from ano
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