Insurance Agents Who Work for One Particular Company Are Called

question 6

Multiple Choice

Insurance agents who work for one particular company are called

• A)company agents.
• B)captive agents.
• C)independent agents.
• D)insurance brokers.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a public market.

Cash Dividend

A payment made by a company out of its profits to its shareholders in cash, typically on a regular basis.

Treasury Stock

Shares that were once part of the outstanding shares and have been bought back by the issuing company, reducing the amount of stock on the open market.

Common Stock

Equity shares that represent a form of corporate ownership, entitling the shareholder to a share of the company's success through dividends and or capital appreciation.