Question

    A insurer advertises through daily newspaper. What type

    of marketing is
    A cross selling Correct Answer Incorrect Answer
    B policy selling Correct Answer Incorrect Answer
    C Solicitation of Policy Correct Answer Incorrect Answer
    D Insurance selling Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Consent solicitation is the process by which a security's issuer proposes changes to the material terms of the security agreement. These changes are for investors, who hold a stake in the security. Given that mutual consent is usually required for such critical changes, the consent solicitation is usually a request for permission to make a change on behalf of the stakeholder.

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