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XCEL CHAPTER 12 - NEVADA LAWS AND ETHICS PERTINENT TO INSURANCE EXAM 2024/2025 An agent's license can be suspended or revoked by: a) writing primarily controlled business b) not meeting annual sales quota c) replacing an existing insurance policy with a new one d) issuing a binding receipt - Precise Answer a) writing primarily controlled business All of the following actions are considered rebating, EXCEPT: a) sharing commissions with other licensed and appointed agents ...

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