Obligates Study guides, Class notes & Summaries

NC Life Insurance Practice Exam Questions and Answers Already Passed All of the following are included within the Insurance Commissioner's duties EXCEPT a) Conducting investigation of all domestic insurers. b) Reviewing the insurers' annual reports. c) Writing North Carolina insurance laws. d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. c) Writing North Carolina ...

Louisiana 45-Hour Salesperson Post-License Cour Obligation - ANSWER A legal relationship in which a person (the obligor) becomes bound to perform in another person's (the obligee's) favor Contract - ANSWER An agreement between two or more parties that creates, modifies, or extinguishes obligation(s) Synallagmatic/bilateral contract - ANSWER A contract that obligates both parties Unilateral contract: A contract that only obligates one party Onerous contract: - ANSWER A contract in wh...

NC Life Insurance Practice Exam Questions and Answers Already Passed All of the following are included within the Insurance Commissioner's duties EXCEPT a) Conducting investigation of all domestic insurers. b) Reviewing the insurers' annual reports. c) Writing North Carolina insurance laws. d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. c) Writing North Carolina ...

CLT Practice Exam_75 1. What serves as a receipt for the shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the consignment to the airport of destination according to specified conditions? a. Order bill of lading b. Short form c. Air waybill d. None of these 2. Which method of picking orders in which order requirements are aggregated by product across orders to reduce movement to and from product locations and then transported to a common ...

MSSC CLT Exam QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+ Airway bill - ANSWER A bill of lading for air transport that serves as a receipt for the shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the consignment to the airport of destination according to specified conditions. Advanced ship notice (ASN) - ANSWER An electronic data interchange (EDI) notification of shipment of product. Aggregate inventory management - ANSWER Esta...

The first step in the claim process is to - ANSWER-Determining time and cost of repairs In Florida, an insurer has ___ days to pay or deny a claim. - ANSWER-90 Jerome was shopping at ABC Imports when a light fixture fell from the ceiling and hit him on the head. Jerome's injuries resulted in an extended hospital stay, so he sued ABC Imports and was awarded $400,000. Assuming ABC Imports carries a CGL with a General Aggregate of $750,000 and a per occurrence limit of $250,000, what is the ...

TEXAS PROPERTY AND CASUALTY INSURANCE REAL EXAM QUESTIONS AND CORRECT ANSWERS 2024 LATEST EXAM//GRADED A+ Which part of an insurance policy describes the responsibilities and obligations of both the insurance company and the insured under the policy? TEXAS PROPERTY AND CASUALTY INSURANCE REAL EXAM QUESTIONS AND CORRECT ANSWERS 2024 LATEST EXAM//GRADED A+ Which part of an insurance policy describes the responsibilities and obligations of both the insurance company and the insured under the po...

SC REAL ESTATE REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ The ___ establishes an agency relationship between the prop owner as principal and the brokerage as agent - -listing agreement the LA does which of the following - -creates an agency relationship between the listing brokerage and the property owner a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to compensate only 1 brokerage who produces a buyer, and reserves the right to sell by himself and...

NC Life Insurance Practice Exam Questions and Answers Already Passed All of the following are included within the Insurance Commissioner's duties EXCEPT a) Conducting investigation of all domestic insurers. b) Reviewing the insurers' annual reports. c) Writing North Carolina insurance laws. d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. c) Writing North Carolina ...

MSSC CLT Exam Terms (2023/2024) 100% Correct Airway bill A bill of lading for air transport that serves as a receipt for the shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the consignment to the airport of destination according to specified conditions. Advanced ship notice (ASN) An electronic data interchange (EDI) notification of shipment of product. Aggregate inventory management Establishing the overall level (dollar value) of inventor...