Alberta General Insurance Level 1 Practice Exam

Disable ads (and more) with a membership for a one time $4.99 payment

Ace your Alberta General Insurance Level 1 Exam with our comprehensive practice quiz. Tailored to mimic the real test, our quiz offers detailed explanations, expert tips, and all you need to succeed. Start your path to becoming a licensed professional today!

Start Multiple Choice Practice Test
Start Flash Cards

Practice this question and more.

What is a key principle of confidentiality in business?

  1. Information must be shared with as many parties as possible

  2. Information is only divulged under court order

  3. All business information can be disclosed at brokers' discretion

  4. General public has a right to any business information

The correct answer is: Information is only divulged under court order

Court orders are legal decisions issued by a court that require certain parties to disclose information. This key principle of confidentiality in business means that information should only be shared under legal obligations and should not be disclosed to the general public without proper consent. Options A, C, and D are incorrect because they suggest that information can be freely shared with a wide range of parties, which goes against the concept of confidentiality.

More Questions Like This