Mock contract Study guides, Class notes & Summaries

Kentucky Life Insurance Mock Exam |100% Correct Answers| Elements of a Contract *Ans* Competent parties, legal purpose, offer and acceptance, consideration Waiver *Ans* Voluntary giving up of a known right or privilege, can be express or implied Estoppel *Ans* A person is prohibited by virtue of his own past actions from claiming a right that would work to the detriment of another who relied on the past conduct Aleatory Contract *Ans* a contract where the values exchanged may not be equ...

NMLS SAFE ACT MLO Exam - Ethics and Fraud Exam Questions With 100% Correct Answers A lender provides a borrower with an initial amortization schedule for Private Mortgage Insurance (PMI) disclosure at loan closing for an adjustable-rate mortgage. The lender MUST also provide a written notice stating the A. Lender's right to increase the monthly payment amount for PMI B. Borrower's right to refuse a PMI C. Lender's right to extend the time for monthly payments for a PMI D. Borrower's...

Seg Mock Exam 5 Questions with correct Answers Darrin is single and wants to invest some money to pass on to his children. He has decided on a segregated fund for the investment. He does not intend to use any of the invested money during his lifetime. He intends to continue investing in the segregated fund until his death. Which of the following features of the segregated fund is/are the most important for Darrin? a) Maturity guarantees and bypass of probate b) Death benefit guarantee and ...

CCI RCS Mock Practice Test 1 Exam With 100% Correct Answers 2023 Hypertension this condition is determined only if the patient has had elevated blood pressure readings over a significant period and under varied conditions atherosclerosis the buildup of plaque in the arteries Systolic blood pressure a measure of the amount of pressure that blood presses against the arteries and vessels as the ventricles of the heart contract Diastolic blood pressure a measure of the same...

Construction Management Final Exam Questions And Answers All Verified Why are the MSDS so important for workers to read at the job site? - ANS Material Safety Data Sheet provides important knowledge on how to work with toxic materials at the job site. Quality assurance includes all of the following practices EXCEPT: - ANS Testing standards Which of the following is NOT an item of personal protective equipment that might be used by workers on the jobsite? - ANS Hardhat, Gloves...

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - ANSWER standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the supplier's o...

Seg Mock Exam 8 Questions and Answers Sheldon's investment portfolio is comprised of both registered and non-registered accounts. He is aware that his holdings in registered accounts are tax-sheltered, but any investment income in his non-registered account will be taxed. Therefore, Sheldon is looking for the most tax-efficient option for his non-registered investments. Which of the following segregated funds will be of most interest to him from a tax perspective? a) Real Estate Fund b) ...

CFM 415 FINAL EXAM QUESTIONS AND ANSWERS 100% VERIFIED Cost Plus Contract Contractor is paid for all of the allowed expenses to a set limit, plus any additional payment to allow for a profit. (BEST type of contract in the contractor's point of view). All Risk is on the owner Guaranteed Max Price Contract Contractor is compensated for the actual costs incurred on the project, plus a fixed fee that is subject to a ceiling price. Owner and contractor share risk, it is important to include a chang...

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - Answer standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the supplier's o...

Exam 1 California Business Law (Ch. 1-6) Already Passed A set of enforceable guidelines that help maintain order in a Society is a definition of Law The supreme source of law in this country is The US Constitution How many statutory codes are there in California 29 Behavior that is considered unacceptable to society at large is an example of Criminal law A contract maybe cancel due to some irregularity such as fraud through Rescission Any benefits one party has conferred to another is retur...