In new jersey - Study guides, Class notes & Summaries

NJ Notary Public Guide and Laws | With Exam Questions & Answers (100% Correct) NJ Notary Public Guide and Laws | With Exam Questions & Answers (100% Correct) What is Notary Public? - ANSWER - an impartial witness to signing of documentation to ensure acknowledgement of signatures. They may also administer oaths and affirmations Who appoints a notary? - ANSWER - The State Treasurer List all the activities a Notary Public is empowered to do? - ANSWER - Administer Oaths/Affirmations Take...

The McCarran-Ferguson Act was passed by Congress to - Redefine the authority of the state and federal government to regulate the insurance industry The principle that insurance is not a transaction of commerce and so should be regulated by the state was established in: - Paul v. Virginia In New Jersey, a producer who violates a New Jersey insurance law for the first time may be fined up to - $5,000 The New Jersey Banking and Insurance Commissioner has the authority to do all of the follo...

NJ Life Producer Exam Study Life Insurance Questions and Answers 100% Pass An insurer must renew a renewable term policy at the policyowner's request regardless of the insurability status of the insured. Renewable Term Life Insurance The settlement option that provides for payments to be made in regular installments to a beneficiary until the principal and interest are exhausted best describes: Fixed-amount What hours of operation is a branch office required to have? Must give pu...

NJ Permit Test Questions/Answers (Multiple Choice) 2024 with Verified Solutions A driver approaching a flashing red traffic signal must: a) Slow down at the light b) Drive carefully without stopping c) Merge to the right d) Stop before entering the intersection - Answer -d) Stop before entering the intersection In New Jersey, persons under 21 years of age are considered under the influence (DUI) when their BAC is: a) .01 b) .05 c) .10 d) all of the above - Answer -d) all of the above...

PSI Real Estate State Exam (NJ) Question and answers rated A+ 2023/2024 C. an involuntary lien - correct answer When a land owner uses his land as security for a loan, the encumbrance created is called. C. Question the seller to any known defects - correct answer If an owner wants to list a property for sale "as is," the listing agent should A. licensee must hold a timeshare license - correct answer According to the New Jersey Real Estate Time Share Act, if a licensee is selling a times...

PSI Exam Questions and Answers 100% Pass what would prevent a seller from providing marketable title Mechanics lien the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa If a license mentions MLS when advertising, the advertisement must include the name of the MLS According to the New Jersey Real estate Licensing Laws, which of the ...

FLORIDA LIFE INSURANCE/ ANNUITIES 2-14 STUDY SET EXAM WITH CORRECT ANSWERS Which of the following individuals MUST be licensed as an agent? - CORRECT ANSWER-A person who places insurance on behalf of anyone seeking insurance. Which of the following statements regarding a nonresident insurance agent is CORRECT? - CORRECT ANSWER-The agent must hold a similar license in their state of residence State insurance laws specifically allow the Commissioner(or Director) to issue a temporary...

To register a vehicle in New Jersey, you must be age _____ or older. - 17 You may avoid a traffic signal by driving on public or private property: - If an officer directs you to do so. The Implied Consent Law - Drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: - One 12-ounce can of beer. Who is required to wear a seat belt in a moving motor vehicle? - All occupants of the motor vehicle. You should sig...

NJ real estate exam questions and answers 100% pass Which of the following is a permitted free offering? o- A. A complimentary home warranty with every listing B. A coupon for a discounted commission on listing services C. A free dinner for attendees at a homebuyers' evening seminar D. Free use of a local moving van for all listings C. A Free dinner for attendees at a homebuyers' evening seminar Depreciation usually applies to . A. the building only. B. the land only. C. both the land ...

Well-structured INF3707 Assignment 3 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question 1: Chapter 6 To perform the following assignments, refer to the tables in the JustLee books database. 1.1 Create a sequence for populating the Custeomer# column of the CUSTOMERS table. When setting the start and the increment values, beer in mind that data already exist in the table. Hence, you need to know the last customer number stored in the database. Th...