Question 3 ID# 5814062 Points: 1 P Flag Question The cost of an insurer to defend an insured against a liability lawsuit would be considered which one of the following components of the insurance premium? Select one: O A Sales and administrative expenses OB. Taxes and licensing fees O C. Loss adjustment expenses O D. Profit Question 4 ID# 5810239 Points: 1 P Flag Question The major difference between primary insurers and reinsurers is that Select one: O A. Primary insurers sell to the general public while reinsurers sell to other Insurers. O B. Primary insurers sell to other insurers and the general public while reinsurers sell only to other insurers. C. Primary insurers sell to other insurers and the general public while reinsurers sell only to the general public. O D. Primary insurers sell to other insurers while reinsurers sell to the general public and other insurers