False pretenses Study guides, Class notes & Summaries

How much advance notice must consumer be given for a Investigative Consumer Report? - 3 days The insurer or reporting agency has ____ (time) to provide consumer with additional requested information regarding Investigative Consumer Report. - 5 days A person who knowingly and willfully obtains information on a consumer from a consumer reporting agency under false pretenses may also be fined and/or imprisoned for up to _____ (time) - 2 years Unknowingly violates the Fair Credit Reporting Act ...

Florida Health 240 Insurance Exam (Graded A+) Florida Health 240 Insurance Exam (Graded A+) 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 a...

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 Adhesion ...

A state has jurisdiction over a crime if... correct answer: ... either the conduct or result of the crime happened in that state Which two crimes are the exception to the rule against merger? correct answer: Solicitation and attempt (NOT CONSPIRACY) A legal duty to act arises in five circumstances: correct answer: (1) by statute, (2) by contract, (3) because of a (usually family) relationship between the parties, (4) because a duty of care was voluntarily assumed, and (5) because the de...

WI Life Insurance Exam Questions and Answers Already Passed A person who knowingly obtains information on a consumer from a consumer reporting agency under false pretenses may be imprisoned for up to how many years? 2 years which of the following falls under an agent's fiduciary responsibilities? submitting premiums to the insurer The point at which an insurer issues a policy is known as Acceptance Which of the following would be considered a peril? Fire Which of the followi...

An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits What is the Federal Credit Reporting Act? - Establishes procedures that consumer-reporting agencies must follow in order to ensure that records are confidential, accurate, relevant, and properly used....

Larceny - Take property that does not belong to you a) by trespassory taking, trick, embezzlement, by false pretenses b) by acquiring lost property c) by issuing a bad check d) by false promise e) by extortion Petit larceny - Commits larceny valued less than or equal to $1,000 Class A Misdemeanor Culpability: intentionally Grand Larceny 4th - Commits a larceny of R-religious article value greater or equal to $100 A-amount greater than $1,000 C-credit or debit card E-extortion (any b...

New Jersey Accident and Health State Exam – Numbers Already Passed A 10% excise tax is normally applied to an early withdraw from an IRA. According to HIPAA, this tax will not be applied if the withdrawal is used for medical expenses that exceed _____ of the individual's adjusted gross income. 7.5% Nina just passed her New Jersey insurance licensing examination. She is REQUIRED to apply for a producer's license within _____ months. 12 Which of the following is present when an ap...

PA Life Insurance Exam Questions and Answers Already Passed Single premium cash value policy can be described as.. a policy that is paid up only after one payment All of the following are considered appropriate uses of life insurance.. - attracting quality employees by offering a group life plan - protecting the business by covering key employees with life insurance - funding an entity buy sell agreement The do not call list offers exemption from all except life insurance Ken ...

PelletB Police Test complete vocabulary (POST)abdicate to cast off or relinquish aberrant deviating from the norm abject Lowly, miserable and wretched abolish to do away with abide accept or act in accordance with abridge lessen, diminish, or curtail; reduce in scope while retaining essential elements accolade a tangible symbol signifying approval or distinction accomplice a person who helps another commit a crime accord agreement,...