Question

All of these are reasons the Commissioner may disapprove a licensee's request to use a fictitious name EXCEPT

a) The name is too similar to a name already filed and in use by another licensee
b) The use of the name may mislead the public in any respect
c) The name is the licensee's actual name
d) The name states, infers or implies that the licensee is an insurance company

Answer 1

The Commissioner may disapprove the use of a fictitious name if it causes confusion, is too similar to another name, or implies insurance company status. The use of the licensee's actual name is generally acceptable and not a ground for disapproval.

Step-by-step explanation:

The question pertains to the reasons why the Commissioner may disapprove a licensee's request to use a fictitious name in the context of business operations, more specifically in the insurance industry. All of the given reasons, such as the potential for public confusion, or implying an insurance company status, are valid grounds for disapproval. However, using the licensee's actual name would typically not be a reason for disapproval, as there is an expectation of transparency in the identification of the business entity or individual operating under their own legal name.