Nj property license 1 - Study guides, Class notes & Summaries

NJ Property Insurance Practice Exam With 100% Correct Answers 2023 What are the nine prohibited trade practices? 1. misrepresentation 2. false advertising 3. defamation 4. rebates 5. false financial statements 6. stock operations & advisory contracts 7. boycott, coercion, intimidation 8. unfair discrimination 9. unfair claim settlement practices Which government body has principal responsibility for regulating the insurance industry in NJ? a. insurance department b. governor c....

NJ Property Insurance Practice Exam With 100% Correct Answers 2023 What are the nine prohibited trade practices? 1. misrepresentation 2. false advertising 3. defamation 4. rebates 5. false financial statements 6. stock operations & advisory contracts 7. boycott, coercion, intimidation 8. unfair discrimination 9. unfair claim settlement practices Which government body has principal responsibility for regulating the insurance industry in NJ? a. insurance department b. governor c....

NJ State Driver's Exam Study Guide |Question and Answer| 100% Correct Car Must be inspected *Ans* every two years Illegally getting a drivers license may result in *Ans* fine of 200-$500 and/or 30-90 day jail term Altering or showing an altered license may result in *Ans* A fine, imprisonment, suspension. You mus have what kind of insurance *Ans* Liability Headlights must be used *Ans* 1/2 hour before sunrise and sunset and in conditions restricting view over 500 ft away. If you are ...

NEW JERSEY TITLE PRODUCER 2024 Final Exam Q & A ALTA 1 - CORRECT ANSWER-Street Assessments ALTA 2 - CORRECT ANSWER-Truth in lending owners policy - CORRECT ANSWER-insures estates of ownership, remains constant over the life of the property. Covers property line disputes. A type of title insurance issued in the name of the property owner. Coverage runs from the time of purchase for as long as the policyholder owns the property. mortgage lender policy (loan policy) - CORRECT ANSWER-lende...

NJ DMV KNOWLEDGE TEST - TOP 150 QUESTIONS AND VERIFIED ANSWERS To register a vehicle in New Jersey, you must be age _____ or older. 17 You may avoid a traffic signal by driving on public or private property: If an officer directs you to do so. The Implied Consent Law Drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: One 12-ounce can of beer. Who is required to wear a seat belt in a moving motor...

NJ DMV KNOWLEDGE TEST - TOP 150 QUESTIONS AND VERIFIED ANSWERS To register a vehicle in New Jersey, you must be age _____ or older. 17 You may avoid a traffic signal by driving on public or private property: If an officer directs you to do so. The Implied Consent Law Drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: One 12-ounce can of beer. Who is required to wear a seat belt in a moving motor...

Chapter 3 - Answer New Jersey License Laws real estate commission - Answer 8 members - 5 brokers who have been state residents for atleast 10 years - 2 members of the public - 1 government designee the real estate commission is funded by? - Answer the department of banking and insurance how many days of notice are needed for the real estate commission to search broker records? - Answer zero what kind of power does the real estate commission have? - Answer subpoena power Sales...

NJ-PROPERTY AND CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 2024 1. A contract in which only one party - the insurer - makes an enforceable promise is said to be A- Quotation B- Unilateral C- A contract of Indemnity D- A contract of Adhesion B- Unilateral An insurance policy is considered to be unilateral, since only one party to the contract, the insurance company, makes an enforceable promise. 2. An insurer whose main home office is domiciled in the state where...

NJ PROPERTY AND CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS 100% VERIFIED 2024 LATEST UPDATE 1. A contract in which only one party - the insurer - makes an enforceable promise is said to be A- Quotation B- Unilateral C- A contract of Indemnity D- A contract of Adhesion B- Unilateral An insurance policy is considered to be unilateral, since only one party to the contract, the insurance company, makes an enforceable promise. 2. An insurer whose main home office is domicil...