"Controlled business" is MOST ACCURATELY described as?

"Controlled business" is MOST ACCURATELY described as?


A) insurance placed by an agent on the agent's own life, property, or risks.

B) insurance placed by an agent on the agent's neighbor's property.

C) insurance placed by a general agent through a single insurance company.

D) a line of insurance offered by a single insurance company.



Answer: A) insurance placed by an agent on the agent's own life, property, or risks.

Comments

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees