This topic contains a solution. Click here to go to the answer

Author Question: As an insurance agent, you are asked by Oceana Industries for a quote on the total annual premium ... (Read 69 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
As an insurance agent, you are asked by Oceana Industries for a quote on the total annual premium for property insurance on a new warehouse in the amount of 975,000. The building is structural classification C and area rating 3. In addition, Oceana will require contents insurance in the amount of 2,100,000. What is the amount of your quote? (Use Table 19-4 from your text)

Question 2

A commission paid in advance of sales and later deducted from the commission earned is called a draw against the salary.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

22,897.50

Answer to Question 2

FALSE




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
Excellent


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library