Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. bill broker has worked hard to find a good policy

Bill Broker has worked hard to find a good policy with fair terms for his...

80.2K

Verified Solution

Question

Finance

Bill Broker has worked hard to find a good policy with fair terms for his client. Gamma Insurers would provide the broadest coverage terms at the lowest price for Bill's client, but Securo Insurers would pay Bill more commission for a slightly more expensive policy with the same coverage terms. What should Bill do if he desires to make an ethical recommendation?
a. He should ask Gamma Insurers to increase its price to match Securo's price.
b. He should recommend that the client accept Securo Insurers' policy.
c. He should recommend that the client accept Gamma Insurers' policy.
d. He should recommend that the client ask another broker to acquire more proposals.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students