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Author Question: By misrepresenting the true facts, Gretchen was able to convince someone to replace an existing life ... (Read 31 times)

leilurhhh

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on: Jul 11, 2018
By misrepresenting the true facts, Gretchen was able to convince someone to replace an existing life insurance policy with another company and to purchase a new policy from the company that Gretchen represents.
 
  Gretchen has engaged in an illegal sales practice called
  A) bait and switch.
  B) rebating.
  C) retaliating.
  D) twisting.

Question 2

Which of the following statements about premium taxes is (are) true? I. They are levied by the federal government as a result of the McCarran-Ferguson Act. II. Their primary purpose is to provide funds for insurance regulation.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


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juliaf

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


leilurhhh

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

pangili4

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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