Multiple choice 1 Flashcards
1
Q
Employed agents are paid;
a. A salary
b. A salary plus cash bonus
c. A salary plus commission based on sales
d. all of the above
A
D. all of the above
2
Q
The broker is paid:
a. A salary
b. Salary plus commission
c. straight commission
d. all of the above
A
d. all of the above
3
Q
The book of business and client list are owned by:
a. the Insurer
b. the broker (or brokerage)
c. jointly by both
A
B. The broker (or brokerage)