General adr - Study guides, Revision notes & Summaries
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M100 Community Association Management, Exam Questions with correct Answers Latest 2024/2025 Graded A+
- Exam (elaborations) • 74 pages • 2024
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M100 Community Association Management, Exam Questions with correct Answers Latest 2024/2025 Graded A+. Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in 
order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of 
direct...
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C713 Unit 2 Module 2 quiz exam questions and answers 2024
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A hair stylist and client disagree over whether the stylist properly styled the client's hair. A third party, who is neutral in the debate, works with both of them in an attempt to resolve their dispute. 
 
Which function does the third party serve in this situation? 
Mediator 
 
 
 
Company A and Company B agree to the use of an independent third party to resolve a contract dispute. The third party decides in favor of Company B. 
 
Which type of alternative dispute resolution is this an exampl...
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M100 Community Association Management, Exam Questions with correct Answers Latest 2024/2025 (Graded A+)
- Exam (elaborations) • 74 pages • 2024
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M100 Community Association Management, Exam Questions with correct Answers Latest 2024/2025 (Graded A+) Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in 
order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of 
direc...
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Business Law Exam 1 Chapters 1-7 Questions with Complete Solutions, Rated A+
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Definition of law - Enforceable rules governing relationships among individuals and between individuals and their society 
 
Function of law - Provide stability predictability and continuity 
 
Sources of American Law - Constitution statutory administrative common law 
 
Common Law started in? - England 
 
Legal v. Equitable remedies - Legal- money or items of value (land) 
Equitable- specific performance injunction and rescission of contractual obligation 
 
Doctrine of Stare dec...
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CLFP Part 1 History and Purpose of Leasing exam with complete solution graded A+
- Exam (elaborations) • 6 pages • 2023
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What are Lease versus buy considerations? - Tax Benefits 
Accounting & Financial Reporting 
Budgetary 
Minimize Cash Outlay 
Obsolescence 
What are Options when a lease terminates? - Variations of Purchase, Renew, Return 
What are Differences between operating and true leases? - Operating lease meets none of the of 
FASB 13 criteria and has characteristics of a usage or rental agreement. True Lease meets none of the 
criteria for a lease intended as security for tax purposes and it may Or may no...
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CHIA Practice Questions with 100% Correct Answers
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CHIA Practice Questions with 100% Correct Answers 
Most of the entities below are classified as "Parent Companies". Which one is a "Chain" that is a 
member of a larger Parent Company? 
- Accor 
- Holiday Inn 
- Choice 
- Starwood - Answer ️️ -Holiday Inn 
Which one of the following statements about management companies is accurate? 
- Parent companies will always use a management company to manage their corporate owned 
hotels 
- A management company can only manage hotels for a single ...
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M100 COMMUNITY ASSOCIATION MANAGEMENT WITH COMPLETE SOLUTIONS 100%
- Exam (elaborations) • 62 pages • 2024
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M100 COMMUNITY ASSOCIATION MANAGEMENT WITH COMPLETE SOLUTIONS 100% 
Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of directors. 
d. Certain documents bind all o...
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California Business Law, Unit 1 Exam Chapters 1-10 Questions and Answers 100% Pass
- Exam (elaborations) • 9 pages • 2024
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California Business Law, Unit 1 Exam Chapters 
1-10 Questions and Answers 100% Pass 
What is the primary source of law in America? - Correct Answer ️️ -Constitutional Law 
What is the California Uniform Commercial Code commonly called? - Correct Answer ️️ 
-Commercial Code 
The structure of the federal government consists of what parts? - Correct Answer ️️ - 
Legislative Branch, Executive Branch, and Judicial Branch 
"Stare Decisis" most commonly means what? - Correct Answer ️️...
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M-100 The Essentials of Community Association Management with verified solutions 2024
- Exam (elaborations) • 9 pages • 2024
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Characteristics of a Community Association 
Mandatory membership 
Mutually binding documents 
Lien-based assessments 
 
 
 
Purposes of a Community Association 
Business - Not for profit 
Government - Runs like a mini-government 
Community - Mutual reasons for buying into area 
 
 
 
3 Basic Types of Community Associations 
Planned Community - Owners owns his lot/living unit and community owns common areas (tennis courts, basketball courts, etc.). 
Condominium - Individual owns unit and undivide...
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Paralegal Exam - Civil Litigation Test Questions with Answers Latest 2024/2025 (100% Solved)
- Exam (elaborations) • 23 pages • 2024
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Paralegal Exam - Civil Litigation Test Questions with Answers Latest 2024/2025 (100% Solved) Unethical - For an attorney or paralegal working with the attorney to personally contact 
an opposing party who is represented by counsel is... 
Settlement Agreement - A contract between two or more parties to a settle a case is 
know as a... 
Dismissal with Prejudice - A document filed with the clerk of court that ends a lawsuit, 
and by its terms states that no other lawsuits may be brought by the same...
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