Sales agents represent - Study guides, Class notes & Summaries

IDIS 340 Final 115 Questions and Correct Answers 100% Verified 2024/2025 What is distribution? - Correct Answer Distribution is the activity of both selling and delivering products and services from manufacturer to the customer. Manfactuerer's Agent - Correct Answer - Usually represent companies whose sales in a territory do not support a full salaried employee - May call on distributors, end users, specifiers, and manufacturers - Complementary products - Do not typically stock inv...

California property and casualty exam, Pool Questions & Answers. Verified. Rated A The process where by a mutul insurer becomes a stock company is called - Demutalization The process whereby a stock company a mutal insurer is called - Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - Declara...

Aceable Law of Agency Exam Review, Verified Solution Here are the four major types of agency acts: Listing Buying Leasing Property Management TREC's purpose is to regulate educational and licensing programs that maintain standards AND interpret legislation that affects the real estate profession — primarily the Texas Real Estate License Act (TRELA). Integrity Satisfy to the commission (TREC) that the candidate meets and exceeds their character standards (honesty, trustworthiness, a...

LIFE, HEALTH & VARIABLE ANNUITY (2-15 EXAM) QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 (100% Solved) An owner is worried that employees will help themselves to products on the shelf without paying for them. This is an example of what type of hazard? - CORRECT ANSWERS Moral Hazard Won't fly an airplane, never drives a car and keeps money out of the stock market is known as what type of risk ? - CORRECT ANSWERS Risk Avoidance Only pure risk is insurable. TRUE or FALSE? - CORRECT ANSWERS T...

LIFE, HEALTH & VARIABLE ANNUITY (2-15 EXAM) QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 (100% Solved) An owner is worried that employees will help themselves to products on the shelf without paying for them. This is an example of what type of hazard? - CORRECT ANSWERS Moral Hazard Won't fly an airplane, never drives a car and keeps money out of the stock market is known as what type of risk ? - CORRECT ANSWERS Risk Avoidance Only pure risk is insurable. TRUE or FALSE? - CORRECT ANSWERS T...

BA 303 Exam 3 Questions and Answers 100% Pass Channel Systems - Correct Answer ️️ -Major decision areas for designing channel systems 1. Types of intermediaries to use 2. Number of intermediaries to be included in the channel 3. Terms and responsibilities expected of channel members Types of Intermediaries - Correct Answer ️️ -1. Retailers 2. Wholesalers/Distributors 3. Manufacturer's Sales Office and Branches Retailers - Correct Answer ️️ -Retailing includes all activities...

The relationship of agents and their principals correct answers agency An agreement between a buyer and a broker for the broker to provide services to a buyer for compensation. The broker may be acting as a single agent, transaction broker, or a nonrepesentative. correct answers buyer brokerage agreement can be Condominiums, Cooperatives, Vacation and time-sharing, mobil home park lots, which owners belong and are responsible for; i.e. assessments, documents, dues, ect. correct answers Com...

United Airlines. Sales Onboarding Vocabulary Rated A+ AIRPORT CODE A three letter code to identify a specific airport. This is how airports are displayed in GDS's and is how we and our customers often refer to cities in internal communications. ALLIANCE Relationship among two or more airlines in which they may cooperate in marketing and sales, scheduling & sometimes maintenance, training, purchasing or other areas. Almost always include code share arrangements, synchronized schedul...

The one who receives the authority to act on behalf of someone else? - Agent what does a sale's agent receive authority for? - to sell An insurance agent receives authority to what? - Settle claims brought against the insurer How do agents receive their authority? - written contract What is the power to bind? - an agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or do -even if insure makes mistakes,...

Law of Agency Study Guide Questions and Answers Rated A+ What are the duties of an agent? OLDCAR - Obedience Loyalty Disclosure Confidentiality Accounting of funds Reasonable care and due diligence General agent An individual has the right to represent his or her principal in a particular type of transaction or business. One common example is the property manager. Special agent The most limited of all the agency relationships. The agent may perform only limited duties for the principal. The ag...