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North Carolina insurance law permits which of the following practices.

A) Rebating.
B) Twisting.
C) Defamation.
D) Collusion.

User Jimh
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1 Answer

3 votes

Final answer:

North Carolina insurance law permits the practice of rebating but prohibits the practices of twisting, defamation, and collusion.

Step-by-step explanation:

North Carolina insurance law permits the practice of rebating but prohibits the practices of twisting, defamation, and collusion. Rebating refers to giving a portion of the insurance agent's commission or a premium reduction to a policyholder as an incentive to purchase the insurance. Twisting is the act of persuading a policyholder to replace an existing insurance policy with another policy through misrepresentation or false information. Defamation refers to making false statements about a person or business that harms their reputation. Collusion is an illegal agreement between competitors to manipulate the market and raise prices.

User Spencer Ruport
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