When a Broker Deals with an Applicant for Insurance, the Broker

question 18

True/False

When a broker deals with an applicant for insurance, the broker is the applicant's agent.

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Definitions:

Ambiguity

The quality of being open to more than one interpretation, explanation, or meaning, often leading to uncertainty or confusion.

Important Concepts

Fundamental ideas or principles that are crucial to understanding a particular subject or area of study.

Interpretive Question

A query that requires analysis and subjective judgment to answer, often used in literature and arts.

Gesture

A movement of part of the body, especially a hand or the head, to express an idea or meaning.