Question
Agent Smith is involved in a scheme in which insurance policies he sells are handled by a number of intermediaries, and each transaction generates a
Agent Smith is involved in a scheme in which insurance policies he sells are handled by a number of intermediaries, and each transaction generates a commission, albeit on the same policy. Which of the following schemes is taking place here?
- a. misrepresentation
- b. false documents
- c. premium diversion
- d. fee churning
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Urban Infrastructure Finance And Management
Authors: K. Wellman, Marcus Spiller
1st Edition
0470672188, 978-0470672181
