Contract consideration - Study guides, Class notes & Summaries

Missouri Life and Health Exam Questions and Answers 100% Pass In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? when the enrollee's life or health is jeapordized The Consideration clause in a life insurance contract contains what pertinent information? ...

California PSI Site - Life, Accident and Health Agent Examination (Life Agent) | Questions & Solutions (100% Correct) California PSI Site - Life, Accident and Health Agent Examination (Life Agent) | Questions & Solutions (100% Correct) Admitted Insurance Company vs. Non-Admitted Insurance Company - ANSWER - An admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-...

Competitive negotiation A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract A contract for basic research applied research, or development SBIR Smal...

BUL 4421 Final - FAU Gendler Exam Questions With Complete Solutions CHAPTER 13: Introduction to Contracts - answerCHAPTER 13: Introduction to Contracts Four Elements of a Contract: CLAC - answer1. Contractual Capacity 2. Legal Object 3. Agreement (offer, acceptance) 4. Consideration Contract - answer-A promise or set of legally enforceable promises for the breach of which the law gives a remedy or the performance of which the law in some way recognizes a duty. Agreement - answer(Offer &...

Texas Promulgated Contracts-CHAMPIONS Exam, Answered-The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

LML4806 PORTFOLIO MEMO - OCT./NOV. 2024 - SEMESTER 2 - UNISA - DUE DATE :- 24 OCTOBER 2024 - (DETAILED ANSWERS WITH FOOTNOTES AND BIBLIOGRAPHY - DISTINCTION GUARANTEED!) QUESTION 1 [20] 1.1 You are approached by Stefan, the chairperson of the board of directors of JP Textiles Ltd for legal advice. He informs you that JP Textiles Ltd will be holding its fifth annual general meeting (AGM) next month at its registered office in Johannesburg. He further informs you that the board of directo...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording correct answers B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void correct answers A In ...

Gold Coast Final Exam 2023 Questions and Answers (Graded A) What is the form you sign that says you will pay the loan back ? - ANSWER promissory note What is the post licensing grace period after first expiration ? - ANSWER none Deposits is a form of... - ANSWER valuable consideration Physical land and improvements - ANSWER real property Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both - ANSWER...

Colorado Life Insurance Exam| Questions and Verified Answers| Grade A (2023/2024 Update) QUESTION How many days does an insurance producer have to report to the Commissioner any administrative action taken against them as well as any criminal prosecution that occurs in another jurisdiction? Answer: 30 days QUESTION When Jason filled out his application his statements had to be ______________ to be considered legal. Answer: Representations QUESTION Phil a...