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FINRA Series 6

Category - Series 6

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Under FINRA rules, the variable contract sales agreement must specify that any sales commission is to be returned to the insurance company if the buyer terminates the contract within:

one week.
5 business days.
7 business days.
10 business days.

Explanation

Answer: C - Under FINRA rules, the variable contract sales agreement must specify that any sales commission is to be returned to the insurance company if the buyer terminates the contract within 7 business days.

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FINRA Series 6

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FINRA Series 6

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