Multiple Choice
Which of the following was not listed in the text as a duty of an agent?
A) Loyalty to the principal
B) Carefully handling all money and keeping proper records
C) Carefully conveying all relevant information
D) Duty to select profitable business for carriers
Correct Answer:

Verified
Correct Answer:
Verified
Q46: In Jason's agency contract, the insurer authorizes
Q47: Direct writing:<br>A) describes the distribution system used
Q48: Monah Lott is an agent for Mutual
Q49: Pro-rata reinsurance:<br>A) commits the reinsurer to pay
Q50: Why is the power to bind life
Q52: The independent agency system:<br>A) is doomed because
Q53: Pro-rata reinsurance determines the reinsurer's share of
Q54: Many insurers sometimes use loss adjusters who
Q55: In 2004, the attorney general of New
Q56: Which of the following is not a