Excess representation - Study guides, Class notes & Summaries
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RECA Fundamentals Study Guide 2024 Questions And Answers Graded A+
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duty-based ethics Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome 
 
utalitarian ethics Sells the optimal result for the greatest number of people 
 
Advisory note Punishment for a technical breach 
 
Administrative penalty/ fine One or two potentially serious infraction would cause this punishment 
 
Ratification- acting without authority or in excess of authority 
Implication- advice outside of objective These two ways of creating a...
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers,100% CORRECT
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers 
 
Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
Fcebook Live - CORRECT ANSWER Video streaming through facebook. 
 
CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages, ...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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XCEL SOLUTIONS: Georgia Life-Only Pre-Licensing Questions and Answers 100% Pass
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XCEL SOLUTIONS: Georgia Life-Only Pre-Licensing 
Questions and Answers 100% Pass 
When a policy pays dividends to its policyholders, it is said to be 
-profitable 
-mutual 
-nonparticipating 
-participating - Correct Answer ️️ --Participating 
A participating policy is one in which insurance policies pay out dividends to the 
policyholders. 
A nonprofit incorporated society that does not have capital stock and operates for the 
sole benefit of its members is known as: 
-a fraternal benefit s...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
Too much month left at the end of the money?
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Florida Health 240 Insurance with 100% correct answers
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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...
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AU62 Course Exam Practice Questions & Answers, 100% Accurate. Verified.
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AU62 Course Exam Practice Questions & Answers, 100% Accurate. Verified. 
 
 
An organization may incur losses from legal liabilities in a number of different ways. Which one of the following actions would best be described as an intentional tort? - -A newspaper mistakenly identifies the driver in an alcohol-related hit and run accident as John Doe, a prominent local attorney. 
 
Martin, a 15-year-old boy, carelessly tossed a glass bottle over the heads of several people toward a recycling bin 15...
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RECA Fundamentals Study Guide Latest Update Graded A+
- Exam (elaborations) • 37 pages • 2024
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RECA Fundamentals Study Guide Latest 
 
Update Graded A+ 
 
duty-based ethics Individual is expected to do the right thing cause it's the right thing to do, 
regardless of outcome 
 
utalitarian ethics Sells the optimal result for the greatest number of people 
 
Advisory note Punishment for a technical breach 
 
Administrative penalty/ fine One or two potentially serious infraction would cause this 
punishment 
 
Ratification- acting without authority or in excess of authority 
Implication- ad...
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RECA Fundamentals Study Guide 2024 Questions And Answers Graded A+
- Exam (elaborations) • 37 pages • 2024
- Available in package deal
-
- $16.00
- + learn more
duty-based ethics Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome 
 
utalitarian ethics Sells the optimal result for the greatest number of people 
 
Advisory note Punishment for a technical breach 
 
Administrative penalty/ fine One or two potentially serious infraction would cause this punishment 
 
Ratification- acting without authority or in excess of authority 
Implication- advice outside of objective These two ways of creating ...
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A 
 
 
 
The process where by a mutul insurer becomes a stock company is called - Demutalization 
 
The process whereby a stock company a mutal insurer is called - Mutalization 
 
The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause 
 
The part of the policy that states the amout of coverage the insured property policy period is - Declara...
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RECA FUNDAMENTALS STUDY GUIDE| QUESTIONS AND ANSWERS
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RECA FUNDAMENTALS STUDY GUIDE| 
QUESTIONS AND ANSWERS 
duty-based ethics - Individual is expected to do the right thing cause it's the right thing 
to do, regardless of outcome 
utalitarian ethics - Sells the optimal result for the greatest number of people 
Advisory note - Punishment for a technical breach 
Administrative penalty/ fine - One or two potentially serious infraction would cause this 
punishment 
Ratification- acting without authority or in excess of authority 
Implication- advice ...
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