Intermediaries Study guides, Class notes & Summaries

Which type of Menu offers breakfast,lunch,and dinner at any time of day? - Answer- Califorina Which is a benefit of choosing to buy a ready-made product? - Answer- the finished dish will be more consistent Which kind of leavener provides product rise when making quick breads? - Answer- Chemical How does an operation determine its food cost ? - Answer- (opening inventory+ purchases)-closing inventory In a channel of distribution, wholesalers, suppliers, and distributors are considered...

What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs The settlement option that allows p...

C16 - Chapter 7 - Relationship between Sales Intermediaries and Insurers

C16 - Chapter 7 - Relationship between Sales Intermediaries and Insurers

Commercial Banks and other Financial Intermediaries Part 1 Questions and Answers 2023 A financial market can be categorized as either a ________ market or a financial intermediaries market. Securities. A securities market is one where agents trade debt and equity claims of the final borrowers. So, shares of Microsoft are bought and sold in securities markets. The market for savings deposits of commercial banks is an example of the financial ___________ market. Intermediaries. Commercia...

C16 Application and Narrative Questions Chapter 7 - Intermediaries

1. What are the 3 CATEGORIES of AGENT, and what are the distinctions between those categories : 1. company employed agent, - works directly for insurer as staff. - paid salary with possible bonus or commission, or blend of compensation. - insurer owns client expiration list.` 2. Independent Agent - entrepreneur, maintains separate office from insurer, pays for own expense. - paid by commission or by a combination base salary and commission. - contract negotiated between agent and insur...

Test Bank For Financial Markets And Institutions 8th Edition By Saunders/ Chapter 01 Introduction True / False Questions 1. Primary markets are markets where users of funds raise cash by selling securities to funds' suppliers. True False 2. Secondary markets are markets used by corporations to raise cash by issuing securities for a short time period. True False 3. In a private placement, the issuer typically sells the entire issue to one, or only a few, i...

C16 Application and Narrative Questions Chapter 7 - Intermediaries With complete solution

Insurance companies are typically either direct writers or broker markets : Insurance companies are typically either direct writers, which use no intermediaries to distribute their products but rather sell directly to the public, or they are broker markets, which use intermediaries (that is, brokers) in the transaction between the insurer and the insured. different types of agents : company employed: working at dgig on a salary basis for ex/ call centre independant agent: ex : desjard...