Afsb 151 chapter 3 Study guides, Class notes & Summaries
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AFSB 151 Chapter 3 Exam Questions and Answers 2024
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AFSB 151 Chapter 3 Exam Questions and Answers 2024 
Identify the primary distribution system used by sureties. - ANS ️️ The primary distribution 
system used by sureties is insurance agents and brokers. 
Explain the legal difference between an agent and a broker. - ANS ️️ The legal difference 
between an agent and a broker is that an agent usually represent the insurer or surety under 
contract, and a broker usually represents an insurance applicant or insured. 
Identify the major factor...
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AFSB 151 Chapter 3 Exam With 100% Correct Answers 2023
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AFSB 151 Chapter 3 Exam With 100% Correct Answers 2023
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AFSB 151 Chapter 3 Exam Questions and Answers 2023
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AFSB 151 Chapter 3 Exam Questions and Answers 2023
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AFSB 151 Chapter 3 Exam Questions with Correct Answers
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AFSB 151 Chapter 3 Exam Questions with Correct Answers 
Identify the primary distribution system used by sureties. - Answer-The primary distribution system used by sureties is insurance agents and brokers. 
 
Explain the legal difference between an agent and a broker. - Answer-The legal difference between an agent and a broker is that an agent usually represent the insurer or surety under contract, and a broker usually represents an insurance applicant or insured. 
 
Identify the major factors ...
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AFSB 151 Chapter 3 Questions With Verified Answers
- Exam (elaborations) • 7 pages • 2023
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Identify the primary distribution system used by sureties. - Answer The primary distribution system used by sureties is insurance agents and brokers. 
 
Explain the legal difference between an agent and a broker. - Answer The legal difference between an agent and a broker is that an agent usually represent the insurer or surety under contract, and a broker usually represents an insurance applicant or insured. 
 
Identify the major factors the producer considers when selecting an appropriate sure...
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AFSB 151 Chapter 3 exam 2023 with 100% correct answers
- Exam (elaborations) • 7 pages • 2023
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Available in package deal
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Identify the primary distribution system used by sureties. correct answersThe primary distribution system used by sureties is insurance agents and brokers. 
 
Explain the legal difference between an agent and a broker. correct answersThe legal difference between an agent and a broker is that an agent usually represent the insurer or surety under contract, and a broker usually represents an insurance applicant or insured. 
 
Identify the major factors the producer considers when selecting an appr...
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Package deal for AFSB 151 Practice Exam Questions with 100% Correct Answers | Verified | Latest Update
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AFSB 151 Practice Exam Questions with 100% Correct Answers | Verified | Latest Update
AFSB 151 - Chapter 4 Exam With 100% Correct Answers 2023
AFSB 151 Chapter 3 Exam With 100% Correct Answers 2023
AFSB 151 Study Guide Questions with 100% Correct Answers | Verified | Latest Update

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AFSB 151 - Chapter 3 Review Questions
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AFSB 151 - Chapter 3 Review Questions
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AFSB 151 Exam Package Deal
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AFSB 151 Final Exam, Practice Exam, AFSB 151 Practice Exam, AFSB 151 Practice Exam, AFSB 151 Exam, AFSB 151 Test, Chapter 7, Ch. 2 Practice Exam, Study Guide, Application Questions, Ch. 4, Chapter 3, Principles of Suretyship, Chapter 1, Surety Bond Basics, Chapter 1, Chapter 2, Principles of Suretyship, Terms
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AFSB 151 - Chapter 3| Questions with 100% Correct Answers | Verified
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AFSB 151 - Chapter 3 
 
agent ANSWER- A party that is authorized to sell insurance or surety bonds.
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