Ad banker chapter 1 exam Study guides, Class notes & Summaries

A person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer CORRECT ANSWER a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory CORRECT ANSWER c. Unilateral An insurer authorized to do business within this state is considered what type...

AD Banker Chapter 1 Exam Questions with correct Answers A person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer - Ans ️️ -a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory - Ans ️️ -c. Unilateral An insurer authorized to ...

AD Banker Chapter 1 Exam Questions and Answers Graded A+ A person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory c. Unilateral An insurer authorized to do business within this state i...

AD Banker Chapter 1 Exam QuestionsA person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer - correct answers a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory - correct answers c. Unilateral An insurer authorized to do business w...

AD Banker Chapter 1 Exam Questions with correct Answers

AD Banker Chapter 1 Exam Questions & Answers 2023_2024.

AD Banker Chapter 1 Exam QuestionsA person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer - correct answers a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory - correct answers c. Unilateral An insurer authorized to do business w...

A person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer - Answer- a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory - Answer- c. Unilateral An insurer authorized to do business within this state is considered what type of insure...

AD Banker Chapter 1 Exam Questions & Answers 2023/2024 A person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer - ANSWER-a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory - ANSWER-c. Unilateral An insurer authorized to do busi...

A person who negotiates insurance contracts with insurers on behalf of an applicant is known as a(n): a. Broker b. Consultant c. Advisor d. Agent/Producer - CORRECT ANSWER-a. Broker The contract type in which only one party is legally bound to its contractual obligations after a premium is paid is a(n) _____________ contract. a. Personal b. Conditional c. Unilateral d. Aleatory - CORRECT ANSWER-c. Unilateral An insurer authorized to do business within this state is considered what ty...