If a Property Insurance Agent Goes to Maria's Door,convinces Her

question 22

Multiple Choice

If a property insurance agent goes to Maria's door,convinces her to apply for insurance and write a check for the policy premium,which of the following has occurred?

• A)offer, acceptance
• B)soliciting an offer, offer, acceptance, consideration
• C)offer, counter offer, acceptance, consideration
• D)offer, consideration

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Definitions:

Information Needs

The data and information requirements of individuals or organizations to make informed decisions or fulfill specific tasks.

Internal User

An individual or group within an organization who uses financial and operational information for decision-making purposes, such as managers and employees.

Company Officers

Executives appointed by the board of directors responsible for managing the day-to-day operations and administration of a corporation.

Public Corporations

Entities that are owned by public shareholders. These corporations have shares that are listed and traded on public stock exchanges.