New Jersey Life Insurance Exam Practice Question
A producer who uses printed material showing inflated dividend histories on prior annuity contracts may be guilty of
Correct Answer: B
Rationale: Inflated dividend histories mislead clients about the potential returns of annuity contracts, which constitutes misrepresentation. This option highlights the act of providing false or misleading information to persuade clients.
Coercion (A) involves forcing someone to act against their will, which is not applicable in this context. Slander (C) refers to spoken false statements damaging someone's reputation, while defamation (D) generally involves written statements. Since the scenario specifically involves printed materials, misrepresentation is the most fitting choice, as it directly addresses the misleading nature of the information presented to clients.
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