One Should Be Concerned About Unethical Sales Practices When Promises

question 140

True/False

One should be concerned about unethical sales practices when promises are made that premiums will vanish in 3 or 4 years.

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Definitions:

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.

Financial Reports

Documentation that outlines an organization's financial status and performance over a specific period.

Consultants

Professionals who provide expert advice in a particular area or specialized field to businesses or individuals.

Credit Default Swaps

Financial swap agreements that transfer the credit exposure of fixed income products between parties.