6 of 20 Which members of RIBO are entitled to vote at an election of members of the Council, provided the member is not in default of payment of any prescribed fee? Every sole proprietor. Every individual member. Every corporate member. Every Principal Broker.
6 of 20 Which members of RIBO are entitled to vote at an election of members of the Council, provided the member is not in default of payment of any prescribed fee? Every sole proprietor. Every individual member. Every corporate member. Every Principal Broker.
Related questions
Question
Pls help ASAP
Transcribed Image Text:6 of 20
Which members of RIBO are entitled to vote at an election of
members of the Council, provided the member is not in
default of payment of any prescribed fee?
Every sole proprietor.
Every individual member.
Every corporate member.
Every Principal Broker.
Expert Solution
Step 1: Define RIBO
The Registered Insurance Brokers of Ontario is abbreviated as RIBO. RIBO is a self-regulatory organization that supervises insurance brokers in the Canadian province of Ontario. Its principal function is to control and supervise the operations of insurance brokers in order to ensure that they conform to ethical and professional standards when handling consumers' insurance needs. For insurance brokers operating in Ontario, RIBO provides licensing requirements, educational qualifications, and enforces a code of conduct. The organization's goal is to defend the interests of insurance consumers while maintaining the integrity of the province's insurance business.
Step by step
Solved in 4 steps
