Management Notes

Reference Notes for Management

All Of The Following Are True Regarding Rebates Except

All Of The Following Are True Regarding Rebates Except

All Of The Following Are True Regarding Rebates Except

A. Rebates are allowed if it’s in the best interest of the client.
B. Rebates are only allowed if specifically stated in the policy.
C. Rebating can be anything of economic value, given as an inducement to buy.
D. Dividends are not considered to be rebates.

Correct Answer: A. Rebates are allowed if it’s in the best interest of the client.

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