The mississippi company Study guides, Class notes & Summaries

Mississippi License Law Ch. 1 - Questions and Answers Rated A+ In order to prevent suspension or revocation of a license, what must a broker do with earnest money received? Deposit the money into an escrow account by the close of the next banking day. If the MREC receives a complaint against a licensee, what steps, if any, will it take? The MREC may hold a hearing of its own volition upon receiving a complaint against a licensee. Why: The Commission will initiate a hearing if it rec...

MS Property & Casualty question and answers latest hrs & 3 of those hours ethics To renew a producer license which is been in affect more than 18 months, a producer must complete ___________ 12 hrs To renew a producer license which is been in effect for 18 months or less, a producer must complete________ of CE. 30 days A producer must report to the commissioner any administrative action taken against the producer in any jurisdiction, for by another governmental agency in the st...

How many years must members of the Mississippi Real Estate Commission be licensed as brokers before being appointed to the commission? - ANSWER Five The responsible broker in a company is the person - ANSWER responsible for the daily real estate activities of the company. The temporary license of a licensee who fails to complete the required post-licensing course at the end of the first year will be - ANSWER automatically placed on inactive status. How many consecutive terms are brokers...

UGA History Exemption Test Questions and Answers 2024 Already Passed. WATCH THIS CRASH COURSE SERIES eG7ObzO7s Pre-Columbian Peoples of the American Southwest -Agriculturally focused groups that developed powerful and complex societies -Became increasingly dependent on the cultivation of maize Pre-Columbian economy in Great Basin and the western Great Plains - Migratory because of limited resources Pre-Columbian economy in the Northeast and along the Atlantic Seaboard -Another Group of...

The Commissioner of Insurance in Mississippi is elected to office for a term of - 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on - The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is - $1000 A foreign insurer - An insurer formed under the laws of any state other than Mississippi would be known as Each of the following is true about the Mississippi Residential Property Insurance Unde...

Chapter 8 - Mississippi Laws & Rules Pertinent to Insurance Latest Update Graded A+ A producer is suggesting replacement if a prospective insured is given all of the following advice, EXCEPT: Convert your Term insurance to Whole Life Which of the following would be a valid reason for suspending or revoking an insurance license? The producer misappropriated money held in a fiduciary capacity Any criminal charges taken against a producer must be reported to the Commissioner of Insur...

Mississippi Real Online Real Estate terms - Unit 1 Exam Questions and Answers (SCORED A+)Mississippi Real Online Real Estate terms - Unit 1 Exam Questions and Answers (SCORED A+)Mississippi Real Online Real Estate terms - Unit 1 Exam Questions and Answers (SCORED A+)Mississippi Real Online Real Estate terms - Unit 1 Exam Questions and Answers (SCORED A+)Mississippi Real Online Real Estate terms - Unit 1 Exam Questions and Answers (SCORED A+) broker - ANSWER a person or company licensed to buy, ...

The Commissioner of Insurance in Mississippi is elected to office for a term of - ANSWER 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on - ANSWER The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is - ANSWER $1000 A foreign insurer - ANSWER An insurer formed under the laws of any state other than Mississippi would be known as Each of the following is true about the Mississippi R...

P&P Final Exam Questions & Answers 2024 Convict Leasing - ANSWER--"functional replacement for slavery," program where convicts leased to plantations and other companies/business (like railroad) for their free labor -Arose during "Radical Reconstruction" of Mississippi, though took hold after 1875 -The Leasing Act - designed for black, not white, convicts by mandating that those with sentences of 10 years or more remain behind bars bc were most dangerous when in reality those were most...

What kind of life insurance product covers children under their parent's policy? Family Maintenance rider Term rider Family Income rider Payor benefit - ANSWER Term Rider Under a trustee group life policy, who would be eligible for a certificate of coverage? Corporation Employee Employer Labor union - ANSWER employee A producer must report to the Commissioner of Insurance any administrative action or criminal charges taken against the producer within __ days of the fin...