Rhode islan - Study guides, Class notes & Summaries

the role of insurance is to - correct answer transfer the risk of financial loss from an individual or business to an insurance company organized and incorporated under state law owned by stockholders who get a paid share of the company's profit through dividends. also referred to as a nonparticipating or non-par bc policy holder do not participate in paid dividends - correct answer stock insurance company organized and incorporated under state law. but they have no stockholders. inst...

Real estate recovery act - ANSWER Dept of business regulation establishes this account Covers anyone aggrieved by an act, misrepresentation, transaction or conduct of a licensed real estate broker upon the grounds of fraud, misrepresentation or deceit may recover no more than 50000 per one license Can't be used to reimburse any broker or salesperson Agents pay a fee for the deposit in the real estate recovery fund when they first get their license Dec 31 of any year if the recov...

Rhode Island Pharmacy Law Exam Questions And Answers All Verified How many members serve on the state board of pharmacy, and how long is each term of service? - ANS 9 members 3 years How many public members and how many pharmacists serve on the board of pharmacy? - ANS 2 public members 7 pharmacists (1 hospital, 2 independent, 2 retail chain, 2 in any field of pharmacy) What agency issues pharmacist licenses? - ANS Rhode Island Board of Pharmacy What is the minimum age ...

Rhode Island Adjuster Practice Exam Questions and Answers Rated A+ Which of the following phrases BEST defines a hazard? A. The uncertainty of a loss B. The cause of a loss C. An unexpected loss D. A condition that increases the chance of a loss D A family takes their 50-horsepower outboard motor boat to the lake on a trailer towed behind their personal auto. The pleasure boat is appropriately covered for physical damage under which of the following policies? A. Dwelling B. Homeowners...

Rhode Island Boating License Test When must navigation lights be displayed? - from sunset to sunrise AND during periods of restricted visibility How does the effect of alcohol consumed while boating compare to the effect on land? - much greater effect while boating How do you avoid overloading your vessel? - Don't allow the load weight or number of passengers to exceed the maximum stated on the capacity plate A boat's capacity plate gives the maximum weight and/or number of peop...

Rhode Island Pesticide Exam Which of the following integrated Pest Management (IPM) practices should be followed when deciding whether control is required? - Regularly monitor pest activities For how long after an applicator's license has expired may he / she continue to apply pesticides legally? - A valid license is required to apply pesticides Formulations applied as liquids are always mixed with water - False What is an endangered species? - A plant or animal on brink of extinc...

Rhode Island Permit Test Practice What is the greatest hazard for a driver? - Alcohol The legal drinking age in Rhode Island is: - 21 Drunk drivers cause more than: - 1/2 of the collisions in which someone is killed How many people die each year in alcohol related collisions in the USA? - More than 25,000 If you refuse to take a chemical test your license will be suspended for a minimum of: - 180 days Collisions must be reported if damage is in excess of? - $1,000 A limited...

Rhode Island General Real Estate Study Guide with Complete Solution Real estate recovery act Dept of business regulation establishes this account Covers anyone aggrieved by an act, misrepresentation, transaction or conduct of a licensed real estate broker upon the grounds of fraud, misrepresentation or deceit may recover no more than 50000 per one license Can't be used to reimburse any broker or salesperson Agents pay a fee for the deposit in the real estate recovery fund when they first...

Real estate Rhode Island Law UPDATED Exam Questions and CORRECT Answers Real estate recovery act - Correct Answer- Dept of business regulation establishes this account Covers anyone aggrieved by an act, misrepresentation, transaction or conduct of a licensed real estate broker upon the grounds of fraud, misrepresentation or deceit may recover no more than 50000 per one license Can't be used to reimburse any broker or salesperso

Rhode Island Real Estate Sales License Study Guide with Complete Solution Deed of Trust Loan Deed wherein legal title in real property is transferred to a trustee, which holds it as security for a loan Factors influencing real estate supply - Labor force availability - Construction and material costs - Government controls - Govt. financial policies Factors influencing real estate demand - Population - Demographics - Employment and wage levels Realtor Member of the National Association...