Final answer:
Auto insurance commissions are related to Business and Economics. The frequency of commission payments can be quarterly, monthly, annually, or bi-annually.
Step-by-step explanation:
The subject of auto insurance commissions is related to Business and Economics.
If an auto insurance company pays a 12% commission, it means that a certain percentage of the premium paid by the policyholder goes to the agent or broker who sold the policy as their commission.
The frequency at which the commissions are paid depends on the contractual agreement between the insurance company and the agent or broker. Options for commission payment frequency include:
- Quarterly: The commissions are paid every three months (four times a year).
- Monthly: The commissions are paid every month.
- Annually: The commissions are paid once a year.
- Bi-annually: The commissions are paid twice a year.
So, the answer is:
a) Quarterly