AD Banker
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A producer who is acting as an agent is representing: 
A 
The insured, the applicant and the beneficiary 
B 
Always the insured 
C 
The insured and the insurer 
D 
Always the insurer 
 D 
In order to be valid, a contract must be between individuals considered 
legally able to enter into an agreement. This principle is known as: 
Master01 | October, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
A 
Restricted persons 
B 
Considerations 
C 
Competent parties 
D 
Agree...
A producer who is acting as an agent is representing: 
 
A 
The insured, the applicant and the beneficiary 
 
B 
Always the insured 
 
C 
The insured and the insurer 
 
D 
Always the insurer -Answers- D 
 
In order to be valid, a contract must be between individuals considered legally able to enter into an agreement. This principle is known as: 
 
A 
Restricted persons 
 
B 
Considerations 
 
C 
Competent parties 
 
D 
Agreement -Answers- C 
 
A company that is licensed to sell insurance in a pa...
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