Which of the Following Is True of Licensing

question 29

Multiple Choice

Which of the following is true of licensing?

• A) A regulatory license is imposed to ensure that practitioners register their address so they can be found if a disgruntled client wants to serve them legal papers for a lawsuit.
• B) A revenue license is intended to protect the public health, safety, and welfare.
• C) Failure to hold a revenue license does not bar recovery.
• D) A practitioner should demonstrate his abilities by an examination to get a revenue license.
• E) Some regulatory licenses require practitioners to demonstrate that they have insurance.

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Definitions:

Need-satisfaction Format

A sales approach focused on identifying and fulfilling the needs and desires of potential customers.

Suggestive Selling

A sales technique where the seller recommends additional products or services to the buyer.

Extended Warranty

An additional warranty that covers the repair or replacement of items beyond the original manufacturer's warranty.

Need-satisfaction Format

A sales approach focusing on identifying and meeting the needs, wants, or challenges of customers as a priority.