Implied agency - Study guides, Class notes & Summaries

You have a requirement to buy a large commercially available, prefabricated wash rack for your installation. The catalog price is $102,000. correct answer: Simplified acquisition procedures can be used The Director of training for the installation has a request to purchase 25 televisions and 25 DVD recorders for the new training facility that will open next month. Each television will cost approximately $525, and each DVD recorder about $150. correct answer: Simplified acquisition procedure...

Chapter 1: Introduction to Business Law Chapter 1: Introduction to Business Law Relevant areas of business law applicable to human recourse management involve (4): 1. Agency law 2. Contracts 3. Employment and labor laws 4. Employment discrimination This type of law regulates disputes between private individuals or groups. (Ex: dispute between landlord and tenant governed by private law). Private law This type of law regulates disputes between private individuals and g...

Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premi...

Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update Q: An insurance policy protecting against a variety of hazards is referred to as a...? Homestead Policy Individual Policy Homeowners Policy Package Policy Answer: Homeowners Policy Q: Which of the following is an advantage to owning a home...? Tax benefits Pride of ownership Potential for asset appreciation All of the above Answer: All of the Above Q: An individual is exempt from paying t...

Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premis...

Components of the EMS System - DISPATCHER: Coordinates type and level of EMS response and dispatches the appropriate agencies. An emergency medical dispatcher may give medical instructions to the public. - FIRST RESPONDER: Entry level medically trained person. - EMT: Provides basic life support/BLS. - PARAMEDIC: Provides advanced life support/ALS. - RECEIVING FACILITY: The medical treatment facility that provides emergency care. Primary Responsibilities As first responders, peace of...

Adjuster Pro - Florida Certified Adjuster Glossary Exam Prep 2023. Accumulated Depreciation - ANSWER The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - ANSWER One of the characteristics of an insurance contrac...

XCEL Ohio Proctor Questions and Answers Graded A+ Under a Modified Endowment Contract, what are the likely tax consequences? •Pre-death distributions will become taxable To receive proceeds from a death benefit, a minor •must have an appointed guardian Under a Modified Endowment Contract, what are the likely tax consequences? Pre-death distributions will become taxable To receive proceeds from a death benefit, a minor must have an appointed guardian A provision that allows a policyowner ...

Which of the following are subject to strike legal requirements? D. Records, regardless of format That part of the health record used for continuity of care is the _____ information. A. Clinical The legal health record is defined as that containing the _____. A. Complete and accurate description of the patient's history, condition, Inc. care provided Federal and state statutes (laws) that directly impact the quality of the health record include requirements about _____. ...

MD Real Estate PSI exam Latest Update Graded A+ home equity loan A loan under which a property owner uses the property as collateral and can then draw funds up to a prearranged amount against the property. Also called a home equity line of credit, or HELOC. home inspection A thorough visual survey of a property's structure, systems, and site conditions conducted by a professional. Home Mortgage Disclosure Act A federal law, implemented at its creation by Regulation C of the Fede...