Faith and business - Study guides, Class notes & Summaries

A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. secondary market The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. Federal Housing Finance Agency (FHFA) The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. Gov't. National Mortgage Association - Ginnie Mae ...

Rules of Construction Help to identify and establish the intent of the parties to the contract Utmost good faith Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract A contract under which one party's performance is contingent on an uncertain event. property and casualty agent has the power to bind the insurer...

What are the Articles of Confederation? - the original constitution of the US, ratified in 1781 (replaced by the US Constitution in 1789) What were the weaknesses of the Articles of Confederation? - 1) Confederate congress was the only national branch of government and it served a limited function as coordinator between the states 2) States were the all powerful sovereigns within their own borders 3) No federal executive 4) No federal judiciary What are the differences between the...

True/False: The Arkansas Auctioneers Licensing Board is appointed by vote of the Arkansas General Assembly Correct Answer False - The governor shall appoint the members of the Board All auctioneer licenses expire: Correct Answer June 30th True/False: The Arkansas Auctioneers Licensing Board has the final decision in the suspension or revocation of an auctioneer's license. Correct Answer False - The Auctioneers License Act indicates the "Board shall be subject to the Arkansas Administrati...

Principal of Indemnity - ANSWER-insurer pays no more than actual amount of the loss; insurer should not profit from the loss Replacement cost - ANSWER-the cost to replace an inventory item in its identical form (similar workmanship and quality) Actual Cash Value - ANSWER-replacement cost - depreciation in property ins, usually based on the actual cash value of the property at the time of loss Market Value - ANSWER-the price at which property would sell Valued Policy - ANSWER-a pol...

Medical Assisting Administrative & Clinical Competencies (MindTap Course List) 9th Edition 1 | P a g e TEST BANK FOR Medical Assisting Administrative & Clinical Competencies (MindTap Course List) 9thEdition Chapter 1 1. Medical assisting is probably right for you if you: a. like to work alone, completing tasks independently. b. are more comfortable completing a consistent task daily. c. do not like variety in your job. d. are interested in a career in an expanding field. ANSWER: d PO...

" Which of the following are key. recommended resources for subcontracting compliance management? ( Select three that apply.) - ANSWER "Small Business Administration (SBA) website Defense Contract Management Agency (DCMA) website Defense Federal Acquisition Regulation Supplement (DFARS) " Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. - ANSWER $1 million services contract awarded to anothe...

NYREI Exam Prep 2023-2024 Questions and Answers 100% CorrectNYREI Exam Prep 2023-2024 Questions and Answers 100% CorrectNYREI Exam Prep 2023-2024 Questions and Answers 100% CorrectNYREI Exam Prep 2023-2024 Questions and Answers 100% CorrectNYREI Exam Prep 2023-2024 Questions and Answers 100% CorrectA leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - ANSWER-Periodic tenancy Physical land and everything attached t...

California Life Accident and Health Exam Practice 2024 A ABC INSURANCE -Answer-JOHN IS THE AGENT FOR ABC INSURANCE AND JANE IS THE INSURED. WHO IS THE PRINCIPAL IN THIS AGENCY RELATIONSHIP? A ABC INSURANCE B JOHN C JANE D NONE D ADMITTED -Answer-A(N) ________ INSURER IS AUTHORIZED TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE. A DOMESTIC B NON-ADMITTED C FOREIGN D ADMITTED B A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON BEHALF OF AN INSURED -Answer-WHICH OF THE FOLL...

How can FFA members use the creed to better their lives? - Answer- It is something to go by in life there are multiple different lines that are good "Leadership from ourselves and respect from others" What reasons are there for believing in the future of agriculture? - Answer- In 1990, the world's population was at 5.2 billion, ten years later it was at 6.1 Billion that is almost a 17.31% increase in ten years. Agriculture progressed in that short amount of time to feed that many people we...