Duration of partnership Study guides, Revision notes & Summaries

The relationship between an SPO and a test question is, - ANSWER• The test question must respond directly to the SPO and for every SPO there is a test question. The ultimate reason for law enforcement training is - ANSWER• To be able to protect the life and property of yourself and the public. The term role is defined as, - ANSWER• Characteristics and expected social behavior of an individual. • Those behaviors typically performed by an individual in a particular situation or occu...

Bundle of rights - ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - ANSWER-Full ownership of property + bundle of rights Equitable Title - ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - ANSWER-Rights to principal residence Fee simple - ANSWER-Highest form of ownership interest - no...

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 3&4 Sue the broker Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broke...

CPH Exam Practice Test Bank Prep_ Answered_2022. Many people do not attempt to decrease unhealthy behaviors such as overeating or smoking because they lack the confidence that they can successfully change. This is an example of: (A) Perceived susceptibility (B) Perceived severity (C) Perceived self-efficacy (D) Perceived response efficacy The construct of normative beliefs is from which model/theory? (A) Transtheoretical model (B) Theory of reasoned action/planned behavior (C) So...

CT Life and Health State Exam Simulator Questions With Correct Answers 2024 A+ After a life insurance policy has been in force for more than _____ years the policy is considered incontestable. - ANS-2 Years An accident and health insurance policy's premium requirements are set forth in which of the following provisions? - ANS-Consideration Clause Which of these would NOT be a valid reason to add the waiver of premium rider to a life insurance policy? - ANS-It allows a policy loan to c...

limited partnership - A partnership composed of general and limited partners whose contribution and liability are limited and specifically defined joint tenancy - a form of co-ownership between two or more persons of an interest in real property whereby such persons own the interest together and each person has exactly the same rights in that interest as his co-tenants. Joint tenancy is created by the act of the parties. The key is the right of survivorship. easement in necessity - Arises ...

True / False 1. Unlike most agents, each partner in a partnership has an ownership interest in the business. a. True b. False ANSWER: True 2. A partnership is a voluntary association of individuals. a. True b. False ANSWER: True 3. Most states treat a partnership as an aggregate for most purposes. a. True b. False ANSWER: False 4. A majority of the states treat a partnership as an entity for most purposes. a. True b. False ANSWER: Tru...

Legal Aspects - Final Exam Ch (20, 21, 22) (15, 16, 17) (18, 25) (23, 24) (26,27), Updated 2024. Agent Is a person who acts on behalf of someone else for a specific purpose Example: A lawyer acting as an agent represents a client in court, making legal decisions and taking actions on the client's behalf, such as presenting arguments and negotiating settlements. Principal Is a person whom an agent represents for a specific purpose Example: When a person hires a real estate agent to s...

Florida Funeral Rules and Laws Exam Questions and Answers How many members make up the Board of Funeral, Cemetery and Consumer Services? - Correct Answer ️️ -10 Members, 9 of whom are appointed by the Gov. from nominations made by CFO. Name the members of the Board of Funeral, Cemetery and Consumer Services. - Correct Answer ️️ -2 Funeral Directors associated w/ an establishment. 1 licensed FD w/ preneed who ownes and operates a cineerator facility. 2 cemetery persons. 3 Consume...

FP13 Quiz Questions A 7% coupon bond pays interest semiannually and has a duration of 12 (computed using semiannual compounding) and a maturity of 25 years. The bond sells for $1,100 and has a YTM of 6.2%. If the YTM is expected to increase by 50 basis points, by what percentage can the price of the bond be expected to change? - -12 (0.005/1.031)= -0.0582 You are considering purchase of a stock that is currently selling for $23 and pays a dividend of $1.15 per share. The dividend is ex...