Which of the Following Statements About Premium Taxes Is (Are)true

question 2

Multiple Choice

Which of the following statements about premium taxes is (are) true?
I.They are levied by the federal government as a result of the McCarran-Ferguson Act.
II.Their primary purpose is to provide funds for insurance regulation.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Customer Service

A support provided by a company to its customers before, during, and after purchasing and using goods or services.

Rude Employees

Workers who display discourteous or impolite behavior towards customers or colleagues, negatively affecting the business environment and customer experience.

Researchers

Individuals who conduct systematic investigation to establish facts, reach new conclusions, and develop new knowledge.