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

Author Question: All of the following are reasons why mutual insurance companies convert to stock insurance companies ... (Read 58 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
All of the following are reasons why mutual insurance companies convert to stock insurance companies EXCEPT
 
  A) Stock companies can offer stock options to attract and retain key personnel.
  B) Stock companies can raise new capital more easily.
  C) Stock companies are exempt from state insurance regulation.
  D) Stock companies offer greater flexibility to expand through acquisitions.

Question 2

RST Insurance Company does not have any agents. Instead, the company sells insurance through radio ads, telemarketers, and newspaper and magazine inserts. This distribution method is called
 
  A) reciprocal exchange.
  B) direct response system.
  C) mass merchandising.
  D) multiple distribution system.



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

Answer: C

Answer to Question 2

Answer: B




appyboo

  • Member
  • Posts: 527
Reply 2 on: Jul 11, 2018
:D TYSM


amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

For a complete list of videos, visit our video library