Brokers differ from insurance agents in that

(a) brokers are compensated by their clients on a fee basis, while agents receive a commission from the company
(b) brokers are not agents of the company, and therefore cannot bind the company
(c) brokers operate primarily in the life insurance field, while agents operate in both the life insurance field and the property and liability field
(d) agents may bind the company orally, while brokers have the authority to bind only in writing.
(e) none of the above.

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.