Conformity to statute - Study guides, Class notes & Summaries

FINAL EXAM (Bob Brooks) 2024 Actual Questions and Correct Answers Solved 100%. When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase...

Actual authority Correct Answer anything a principal authorizes the agent to do Aleatory contract Correct Answer contract in which the amounts exchanged are not equal Conformity to statute Correct Answer a policy provision that says the policy follows a state's law if the law and policy language are in conflict Contract of adhesion Correct Answer contract drawn by one party and offered to another on a "take it or leave it" basis Direct writer agent Correct Answer an agent that is ...

Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - Answer- 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 - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...

Clemson Law 3220 Chapter 1 Questions and Answers Already Passed What are the three key functions of the legal system? 1) influencing behavior 2) conflict behavior 3)social stability and change may be viewed as a collection of rules or principles that limit and direct human behavior law damages designed to punish; keep them from doing it again punitive damages What is the fundamental law of the land? U.S. Constitution What establishes the legislative, executive and judicial branches of govern...

AceableAgent Real Estate Principals 2 Exam Questios with 100% Correct Answers General Data - answerIs information about a property's location. This could include the city, region, and neighborhood in which the poperty uis situated. Specific Data - answerIs information regarding the property itself. Principle if Anticipation - answerThe idea that the present value of a property is affected by the ANTICIPATED income or utility that property will give its property owner. Principle of Contri...

Basic Contract Law for Paralegals Chapters 1-8 Exam Questions and Answers 2024 Legality -Answer-The condition of conformity with the law; lawfulness. Usury -Answer-Charging a rate of interest that exceeds the rate permitted by law. Surrogacy Contract -Answer-A situation where a woman who "hosts" the fertilized egg of another woman in her womb or who is artificially inseminated with the sperm of a man who is in a relationship with someone else agrees to assign her parental rights to the ...

FUR2601 EXAM PACK 2023 100+ QUESTIONS AND CORRECT ANSWERS. 3 1.6 List the requirements that have to be taken in order to obtain locus stand when a person is seeking to act in the public interests (2) - It must be shown that the person is acting in the public interest - It must be shown that the public has sufficient interest in the requested remedy. 1.7 Differentiate the following concepts Reading in and reading down (3) - reading in is a remedy while reading down is a method of statut...

LAW 3220 Test 1 | Verified with 100% Correct Answers What are the three key functions of the legal system? 1) influencing behavior 2) conflict behavior 3)social stability and change May be viewed as a collection of rules or principles that limit and direct human behavior law Damages designed to punish; keep them from doing it again punitive damages What is the fundamental law of the land? U.S. Constitution What establishes the legislative, executive and judicial branches of government? U.S. Co...

actual authority anything a principal authorizes the agent to do aleatory contract contract in which the amounts exchanged are not equal conformity to statute a policy provision that says the policy follows a state's law if the law and policy language are in conflict contract of adhesion contract drawn by one party and offered to another on a "take it or leave it" basis direct writer agent an agent that is an employee of an insurer, rather than as an independe...

1 FINAL EXAM (BOB BROOKS) EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours Correct Answer: b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grante...