Insurance wa law - Study guides, Class notes & Summaries

PROPERTY AND CASUALTY INSURANCE EXAM WITH VERIFIED ANSWERS 1. Specific insur- ance 2. Blanket insur- ance This type of insurance designates a particular item to be insured This type of insurance covers more than one item of property at a single location or one more items of prop- erty at multiple locations. 3. Speculative possibility of both gain and loss. Not insurable. 4. Pure only the possibility of loss. Insurable. 5. What are the 5 methods of man- aging or handling risk? avo...

WA State Property & Casualty State exam Study Guide Assignment - Answer️️ -The transfer of a policy to another party. Often done when commercial property is sold to a new owner. Building & Personal Property (BPP) - Answer️️ -The commercial property policy for larger businesses. Business Income Policy - Answer️️ -A commercial policy covering the indirect loss of income following a loss. Cancellation - Answer️️ -Termination of a policy during the policy period. Casualty I...

30 HR WA Real Estate Practice Exam With Answers Latest 2023/2024 Graded A+. You are recording an accrued expense for your seller client, Sam Bosworth. This represents an item that Sam ____________________. - Answer Has incurred but hasn't paid Because proper trust fund handling and record keeping is extremely important, the ________ conducts routine audits of real estate companies. - Answer Washington State Department of Licensing Karen would like to sell her own home. What's the minimum...

WA State Property & Casualty State exam Assignment The transfer of a policy to another party. Often done when commercial property is sold to a new owner. Building & Personal Property (BPP) The commercial property policy for larger businesses. Business Income Policy A commercial policy covering the indirect loss of income following a loss. Cancellation Termination of a policy during the policy period. Casualty Insurance A broad term which includes all of the policy types that may be s...

WA MPJE Questions and Answers (2022/2023) Already Passed What are the requirements for graduates from a US pharmacy program for internship hour reporting? After July 1, 2020 they do not need to document completion of internship hours with the Commission Can interns change sites for recording intern hours? If so, what must be done? - Yes they can without Commission approval, but must notify them of the new site prior to earning hours - must be submitted within 30 days after intern has left the ...

WA MPJE 2023 Questions and Answers 100% accurate What are the requirements for graduates from a US pharmacy program for internship hour reporting? After July 1, 2020 they do not need to document completion of internship hours with the Commission Can interns change sites for recording intern hours? If so, what must be done? - Yes they can without Commission approval, but must notify them of the new site prior to earning hours - must be submitted within 30 days after intern has left the...

Fair credit reporting act - ANSWER A federal law that regulates consumer reporting agency's in the use of consumer reports Fair credit reporting act requirement - ANSWER The insurer must inform the applicant of the name and address of the investigation agency so the applicant is able to obtain a copy of the report and have the opportunity to refute any misinformation Fair credit reporting act requirement - ANSWER The investigating agency cannot report bad debts over seven years old or ban...

Torts Exam Practice Questions and Answers (100% Pass) If a criminal defendant is acquitted in a criminal trial, he or she can still be subsequently sued in civil court. a) True b) False - Answer️️ -True Only legislative bodies can create tort causes of action. a) True b) False - Answer️️ -False American tort law has its origins in the common law writs of trespass. a) True b) False - Answer️️ -True A tortfeasor is the one who directly causes an injury to a victim. a) True...

Wa state life insurance exam study guide Fair credit reporting act - Answer️️ -A federal law that regulates consumer reporting agency's in the use of consumer reports Fair credit reporting act requirement - Answer️️ -The insurer must inform the applicant of the name and address of the investigation agency so the applicant is able to obtain a copy of the report and have the opportunity to refute any misinformation Fair credit reporting act requirement - Answer️️ -The investiga...

Civil Procedure Final Exam litigation - ANS the process by which parties seek to resolve their dispute by going to court Sources of legal authority - ANS A. 1) constitutions (highest form of law); 2) statutes (acts of congress, peoples reps from each state); 3) court rules (procedures in every court system); 4) case law primary, and potentially binding ; 5) treaties; 6) regulations; 7) ordinances stare decisis - ANS top down precedent, must abide by decided cases-This e...