Salaried staff Study guides, Class notes & Summaries

A consistent disparity in listing versus selling prices may reflect ___________. - Correct Answer-Inaccurate competitive market analyses Which of these would be an advantage for the broker of hiring licensees as salaried employees, rather than as independent contractors on a commission-based compensation plan? - Correct Answer-Sales agents will probably make fewer errors as a result of more broker control and supervision. Which option best describes what an environmental impact statement i...

The one who receives the authority to act on behalf of someone else? - Agent what does a sale's agent receive authority for? - to sell An insurance agent receives authority to what? - Settle claims brought against the insurer How do agents receive their authority? - written contract What is the power to bind? - an agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or do -even if insure makes mistakes,...

Florida Claims Adjuster Exam 2023 1. Peril: Something that causes a loss. 2. Hazard: Something that increases the probability that a loss will occur. 3. Warranty: A policy condition, either based on information in the i nsureds appli- cation or inserted by the insurer. It is a guarantee of a fact. 4. Misrepresentation: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 5. Concealment: Th...

Texas All Lines Adjuster Test Latest 2024 Graded A Accumulated Depreciation - Answer ️️ -The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - Answer ️️ -The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. Actual Cash Value (ACV) - Answer ️️ -A valuation method used by insurers t...

incapicitated member - Answer-a member suffering froma physical or mental condition or disorder and can no longer carry on business as a registered insurance broker, this is typically determiend by the manager. insurance broker - Answer-any person who for any comepnsation, commission or other thing of calue, with respect to persons or property in ontario, deals directly with the public. member - Answer-an individual, partnership or corporating registered under this act to carry on business...

Civil Litigation correct answers The process by which one person sues another person in a court of law to enforce a right or to seek a remedy such as financial compensation. Partners correct answers Attorney-owners of the law firm and share in its profits. Senior Partners correct answers The partners that have been with the firm the longest and often have the greatest ownership share. Associates correct answers Attorneys who have not yet become partners and are salaried. Senior Assoc...

Accumulated Depreciation - correct answer The total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - correct answer The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E Actual Cash Value (ACV) - correct answer A valuation method used by insurers to reflect an item's current market value rig...

MEPAP II EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ audit - -a thorough review - can be associated with the charts/medical records or various programs or services. evaluate - -Examine and judge carefully. To judge or determine the significance, worth or quality of something; to assess. salaried staff - -Staff that are paid an automatic sum annually. It is not based upon specific hours worked. per diem staff - -Staff that are called upon to report "as needed". hourly staff - -Sta...

Texas Sae Real Estate Brokerage Exam With 100% Correct And Answers Updated 2023 Rachel is subject to court-ordered supervision due to an antitrust violation. This oversight may continue for as long as ______. - Correct Answer-10 years Reese and his staff have developed an engaging, action-oriented listing presentation to present to potential sellers. Which component in the marketing model does the listing presentation represent? - Correct Answer-communicating Personality type mode...

Texas All Lines Adjuster Test Accumulated Depreciation - Answer- The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - Answer- The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. Actual Cash Value (ACV) - Answer- A valuation method used by insurers to reflect an item's current market value...