Teleft:5003 UUV Etus2 Question 17 (1 pound) Jacob invited his insurance broker, Joe, over for a coffee while they reviewed his personal life insurance Jacob explained that once his child was adult and living independently, his wish was to leave one-half of the universal life insurance proceeds to his synagogue. 221 Joe made a point of recording that in his notes and client database for future reference. Joe was impressed with Jacob's religious convictions and offered to make a donation himself. Then he had an idea. If Jacob took out a new policy right now and named the synagogue as beneficiary, then Joe would bump his donation to $700. What do you think about Joe's practice? a) This is a charitable donation. Ow This is considered a fair exchange. d. This is This is considered a conflict of interest. d) This is considered inducing an individual to insure