Intermediary liability - Samenvattingen, Aantekeningen en Examens

PSI Life Exam - Questions and Answers Which of the following dividend options will increase the death benefit? Guaranteed insurability Under a executive bonus plan, premiums paid by the employer are only tax deductible when the bonus is an insurance plan An intermediary should determine whether replacement is involved in a transaction no later than when the Insurance company issues the policy In Wisconsin the intermediary holding which of the following licenses is exempt from continuing educat...

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,...

New York State Property and Casualty Licensing Exam Questions and Answers Already Passed Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered b...

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

INSURANCE - Answer-The undertaking by one person to indemnify another person against loss or liability for loss in respect of a certain risk or peril to which the object of the insurance may be exposed, or to pay a sum of money or other thing of value upon the happening of a certain event OR Sharing of the losses of a few people among the many who pay premiums SPECULATIVE RISK - Answer-A chance of loss but there is also a chance of profit, and because of the chance of profit these are unins...

Law Of Agency Study Guide For Exam 1 Latest Update Graded A What are the duties of an agent Fiduciary Duties (OLD CAR) - Obedience - Loyalty - Disclosure - Confidentiality - Accounting - Reasonable care Types of Agents - Universal Agency; power to act for the principal in all transactions. - General Agency; represents principal in a particular type of transaction (property manager or broker and real estate agent - Special Agency; most limited, agent performs limited duties for the principal....

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

FBLA Introduction to Business exam | Questions and Correct Solutions | latest Update 2024/2025 | Graded A+ One of the disadvantages of having a partnership is - Answer -unlimited liability An organization that is owned and operated by its members is a ______ - Answer -cooperative A contractual agreement to use the name and sell the products or services of a company in a designated geographic area is called a ______ . - Answer -franchise If one of your goals is to limit your personal l...

One of the disadvantages of having a partnership is - unlimited liability An organization that is owned and operated by its members is a ______ - cooperative A contractual agreement to use the name and sell the products or services of a company in a designated geographic area is called a ______ . - franchise If one of your goals is to limit your personal liability, it would be best to organize your business as a ______ . - cooperation A business owned by ten people who share the risks and ...

New York State Property and Casualty Licensing Exam Latest Version Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered b...