Dealer exam - Study guides, Class notes & Summaries

LML4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 (GROSS INCOME) Mr Makubu is a South African resident who owns a panel beating (motor vehicle repair) business, His-Way Mechanics, in Pretoria. On 13 January 2023, Mr Makubu entered into a contract with Mr Naidoo whereby Mr Makubu was to purchase parts needed for the repair of vehicles in his business in Pretoria. The agreement provided that Mr Naidoo would be paid R10 000 upo...

Segregated Funds & Annuities Certification Exam Latest Update Graded A+ Canadian Pension Plan Benefits CPP Income Formula = 8.4% annual tax x number of years x CPP at age 65 RRSP Contributions RRSP Contribution Room Formula = Income x 18% Market-Linked GIC A market-linked GIC has an interest rate that is tied to the performance of the stock market, providing the potential for a higher interest rate in the case of positive market returns. While the returns can be capped, there is potential for ...

Pre-Licensing Used Vehicle Dealer Examination Questions with Complete Solutions

OMVIC GREASY DEALER FINAL EXAM NEW VERSION ALL LATEST EXAM UPDATE GRADED A+

OMVIC Greasy Dealer Exam Questions And Answers (Verified And Updated) What is the primary legislation governing Ontario's retail automotive sector - answerThe Motor Vehicle Dealers Act, 2002 Which body or agency enforces the MVDA? a) Ministry of Consumer Services b) OADA/TADA c) OMVIC d) Automotive Business School of Canada - answerOMVIC List three functions carried out by OMVIC - answer• Administers and enforces the MVDA • Inspects dealers • Maintains a complaint line for cons...

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NEW HAMPSHIRE ADJUSTER EXAM PREP: SERIES 12-75 QUESTIONS WITH CORRECT UPDATED ANSWERS GRADED A++ Which of the following best defines "insured"? A. Transfer of the risk of financial loss from one party to another B. A legally binding contract in which the insurance company agrees to pay for specified losses in exchange for premiums C. An individual or organization that pays premiums in exchange for financial protection D. A company, group, or government agency offering financial prot...

Georgia Adjuster Exam Questions and Answers Already Passed An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...

Omvic Examination Prep 2023...

CALIFORNIA DEALER LICENSE TEST LATEST UPDATE ACTUAL COMPLETE EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS ) ALREADY GRADED A+. CALIFORNIA DEALER LICENSE TEST LATEST UPDATE ACTUAL COMPLETE EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS ) ALREADY GRADED A+. CALIFORNIA DEALER LICENSE TEST LATEST UPDATE ACTUAL COMPLETE EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS ) ALREADY GRADED A+. CALIFORNIA DEALER LICENSE TEST LATEST UPDATE ACTUAL COMPLETE EXAM QU...