The Insurance Institute of Canada is hosting a webinar on Conversations on Sales Conduct. What type of continuing education hours will a Broker receive for completing this webinar? OA) Management OB) Technical OC) Ethics OD) Personal Sonia, a Broker, advises all her clients to purchase $2 million in personal liability insurance when she provides quotes. When checking her upcoming renewals, she notices several policies with only $1 million in personal liability coverage. She considers increasing these limits to $2 million automatically on renewal as the premium cost is only an additional $20, and asking the client if they are in agreement after. What legal principle would Sonia be in breach of? OA) Personal Information Protection and Electronic Documents Act (PIPEDA) OB) Negative Option Billing OC) Canadian Anti-Spam Legislation (CASL) OD) The All-Comers (TAC) Rule
The Insurance Institute of Canada is hosting a webinar on Conversations on Sales Conduct. What type of continuing education hours will a Broker receive for completing this webinar? OA) Management OB) Technical OC) Ethics OD) Personal Sonia, a Broker, advises all her clients to purchase $2 million in personal liability insurance when she provides quotes. When checking her upcoming renewals, she notices several policies with only $1 million in personal liability coverage. She considers increasing these limits to $2 million automatically on renewal as the premium cost is only an additional $20, and asking the client if they are in agreement after. What legal principle would Sonia be in breach of? OA) Personal Information Protection and Electronic Documents Act (PIPEDA) OB) Negative Option Billing OC) Canadian Anti-Spam Legislation (CASL) OD) The All-Comers (TAC) Rule
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Pls help ASAP
Transcribed Image Text:The Insurance Institute of Canada is hosting a webinar on Conversations on Sales Conduct. What type of continuing
education hours will a Broker receive for completing this webinar?
OA) Management
OB) Technical
OC) Ethics
OD) Personal
Transcribed Image Text:Sonia, a Broker, advises all her clients to purchase $2 million in personal liability insurance when she provides quotes.
When checking her upcoming renewals, she notices several policies with only $1 million in personal liability coverage.
She considers increasing these limits to $2 million automatically on renewal as the premium cost is only an additional
$20, and asking the client if they are in agreement after. What legal principle would Sonia be in breach of?
OA) Personal Information Protection and Electronic Documents Act (PIPEDA)
OB) Negative Option Billing
OC) Canadian Anti-Spam Legislation (CASL)
OD) The All-Comers (TAC) Rule
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education