License information nj - Study guides, Class notes & Summaries
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NJ Life Insurance Test Correct answers latest update
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NJ Life Insurance Test Correct answers latest update 
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 In...
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NJ Real Estate Actual Exam Questions with Correct Answers (Rated A+)
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NJ Real Estate Actual Exam Questions with Correct Answers (Rated A+) 
 
Sun City Realty holds a door-prize drawing at a weekend open house it runs. This practice... - Answer-violates the commission's rules 
 
Donna White, a broker, is offering her mother's house for sale and will charge no commission. Should she reveal that she is a licensed agent? - Answer-Yes, as soon as she meets a prospective buyer 
 
The "reasonable effort" licensees are required to make to determine all materia...
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NJ Cala exam Question and answers rated A+ 2023/2024
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NJ Cala exam Question and answers rated A+ 2023/2024assistance with transfer - correct answer providing the physical assistance of no more than two facility staff while the resident moves between bed and a standing position or between bed, chair, or wheelchair 
 
managed risk agreement - correct answer ify the specific cause for concern 
de the resident with clear, understandable information about the possible consequences of her choice or action 
 to negotiate a manged risk agreement with the r...
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Drivers Ed chapter 1-3 questions with verified solutions
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Drivers Ed chapter 1-3 questions with verified solutions What 3 things must a motorist have while operating a motor vehicle? driver's license, insurance card, vehicle card 
How many weeks does a driver have to change there license after they move? 1 week 
How many weeks does a driver have to change there license after they change there last name? 2 weeks 
What does DDL stand for? digital driver's license 
What is the difference between a vertical and horizontal Driver's License? if the licenc...
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Casualty Producer NJ- Exam Questions with 100% correct Answers
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Powers and duties of Commissioner - ANSWER-Conduct research 
Make reasonable rules and regulations 
Issue orders and notices 
Issue insurance licenses and certificates of authority 
Impose penalties 
Approve insurance policy forms and rates 
 
Amount of days notice before hearing - ANSWER-10 
 
Retrocession - ANSWER-When a reinsurer transfers risks it has accepted to another insurer 
 
Producers can be - ANSWER-Agents, brokers or both 
 
Insurance agent - ANSWER-a licensed insurance producer wh...
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Lecture 2 (p108) || very Flawless.
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What type of prescription can practitioners in NJ use? What must be included? correct answers Use non-reproducible non erasable safety paper NJ prescription blanks. Must have MD license number. 
Obtained from vendor approved by Division of Consumer Affairs in the Department of Law and Public Safety 
Serially numbers 
Must contain NPI number if one was obtained. 
 
What must a physician do with the rx blanks? 
What happens when they are stolen? correct answers Must keep record of receipt of the ...
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NJ Real Estate Study Guide Exam Questions with 100% Complete Solutions
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NJ Real Estate Study Guide Exam Questions with 100% Complete Solutions 
 
50,000 - Answer-for a license law violation, the real estate commission could fine a license as much as 
 
3 - Answer-the commission will rule that someone could never again get a license after how many violations? 
 
buyer only - Answer-rebate as part of a commission may be paid to a 
 
10 days - Answer-the real estate commission must give a licensee how much notice before a hearing is held on a possible violation 
 
viol...
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NJ Cala exam questions and answers graded A+ 2023/2024
- Exam (elaborations) • 15 pages • 2024
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NJ Cala examassistance with transfer - correct answer providing the physical assistance of no more than two facility staff while the resident moves between bed and a standing position or between bed, chair, or wheelchair 
 
managed risk agreement - correct answer ify the specific cause for concern 
de the resident with clear, understandable information about the possible consequences of her choice or action 
 to negotiate a manged risk agreement with the resident that will minimize risk and adve...
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NJ Real Estate Exam LATEST UPDATE 2023 GUARANTEED GRADE A+
- Exam (elaborations) • 21 pages • 2023
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Broker 
One who buys and sells for another for a fee. 
Broker-Salesperson 
A qualified broker who practices real estate in the position of salesperson in another broker's office 
bureau of subsidized land sales control 
regulations covering out of state properties sold in NJ 
continuing education 
12 hours required every two years, two of which must be on ethics 
NJ Real Estate Commission 
Department of Banking and Insurance. 8 members. 5 brokers for at least 10 years, two from general public a...
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NJ REAL ESTATE ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS
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NJ REAL ESTATE ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS 
 
A contract of sale prepared by a licensee MUST include an attorney review clause if it pertains to which of the following types of properties? 
a. any commercial real estate 
b. an apartment building 
c. a six family dwelling unit 
d. a single family residential vacant lot - Answer-d. a single family residential vacant lot 
 
A seller is interested in providing financing to the buyer of her homes, but she wants to retain title until th...
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