D) stock is available to all members of the public
Answer:
B). A salaried employee who advertises and solicits insurance.
Explanation:
As per the question, in order to be a licensed insurance producer one requires 'a salaried employee who could advertise and solicit insurance' as people would then only could get to know about the variety of insurance plans that are being offered by him. The employee would persistently endeavor to promote his plans before the clients and market his insurance through various platforms like institutional and internet advertising. Thus, <u>option B</u> is the correct answer.
The correct answer is B. Buying a good in one market and selling it in another for a profit.
Explanation:
The term "arbitrage" is used in the economy and similar contexts to describe the process in which a person, company or similar profits due to the differences in prices in different markets. This commonly implies an asset, product or service is bought in one market at a low price and then this is sold into a different market at a higher price which implies profit for the entity or individual that buys and sells the good. For example, a company or individual can buy a certain product in a foreign market where is cheaper due to the price of the foreign currency or changes in prices and then sell this at the local level. Therefore, arbitrage refers to buying a good in one market and selling it in another for a profit.
<span>Under the articles of confederation, state's governments had the most control over dealing with policy issues.</span>
<span> the lands were used primarily to draw from the wealth of natural resources.</span>
