A local automobile dealer offers to pass leads to you as a registered insurance broker when cars are sold to customers who require automobile insurance. In return, he/she wants the premium for their spouse's car automobile insurance to be reduced. How would you respond to this request? O A) Certainly. I can reduce the premium up to the amount of the commission. OB) I can pay you a referral fee equal to the first year's premium. OC) Under RIBO regulations, I am prohibited from paying a finder's fee to a person who is not licenced or registered as a general insurance intermediary or who is not listed under Ontario Regulation 991, Section 15 (12). OD) I cannot pay you anything directly, but I can give your spouse a free home security system instead.
A local automobile dealer offers to pass leads to you as a registered insurance broker when cars are sold to customers who require automobile insurance. In return, he/she wants the premium for their spouse's car automobile insurance to be reduced. How would you respond to this request? O A) Certainly. I can reduce the premium up to the amount of the commission. OB) I can pay you a referral fee equal to the first year's premium. OC) Under RIBO regulations, I am prohibited from paying a finder's fee to a person who is not licenced or registered as a general insurance intermediary or who is not listed under Ontario Regulation 991, Section 15 (12). OD) I cannot pay you anything directly, but I can give your spouse a free home security system instead.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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