Truth in negotiations act - Study guides, Class notes & Summaries

Base Industry correct answers An industry that produces goods and services for export from the region. Service Industry correct answers An industry that produces goods or services to sell to local residents. Economic Base correct answers The ability of a region to export goods and services to other regions. Demand-Pull Inflation correct answers Higher prices due to buyers bidding against each other. Real-Cost Inflation correct answers Higher prices due to great effort needed to produce th...

CLC 222 Exam Questions and Answers 100% Verified Truth in Negotiations Act (TINA) - Answer- Occurs when the contractor gives false cost and pricing data during negotiations subject. Defective pricing means the contractor certified to false data. Currently, the TINA threshold is $750,000. The possibility of defective pricing must be analyzed and substantiated before the KO takes action. What are Fixed Price Contracts? - Answer- Fixed price contracts provide for a price that is not subject ...

Nebraska State Life and Health Insurance Exam Terms Questions and Answers 100% Pass Adverse Selection - Answer- Insuring of risks more prone to loss than the average Agent/Producer - Answer- legal representative of an insurance company Applicant/Proposed insured - Answer- a person applying for insurance Hazard - Answer- Conditions that increase the probability of a loss Moral - Answer- tendency toward increased risk (driving fast) Morale - Answer- indifference towards risk (not locking th...

CCM Test 1|372 Questions with Verified Answers The process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive advantage? - CORRECT ANSWER International Management Global competition characterized by networks of international linkages that bind countries, institutions, and people in an interdependent global economy? - CORRECT ANSWER globalization -Changing balance of growth towards emerging markets -Need ...

CLC 058 Exam Questions and Answers 100% Pass Cost or Pricing Data All facts that, as of the date of price agreement or an earlier date agreed upon between the parties, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. Cost or pricing data are factual, not judgmental, and are verifiable. While they do not indicate the accuracy of the prospective contractor's judgment about estimated future costs or projections, they do include the data forming ...

Rule 401 Relevance - correct answer (1) has any tendency to make a fact more or less probable than it would be without the evidence and (2) the fact is of consequence in determining the action Rule 402 Admissibility of Relevant Evidence - correct answer Admissible if relevant unless any of the following provide otherwise: (1) the Constitution, (2) federal statute, (3) rules of evidence, or (4) other ...

License Termination - ANSWER-This happens to an agent who willfully "over insures" a Property & Casualty or Health Insurance policy. The State of Florida - ANSWER-The only Location/Geography where a Florida Personal Lines Agent can transact Personal Lines Property & Casualty business? Rebating - ANSWER-Returning a portion of the premium or the agent's commission on the premium to the insured or other inducements to place business with the agent. Defamation - ANSWER-The action of dama...

Aceable Agent Level 11 Exam Questions & Answers 2023/2024 Seller Disclosure Laws in GA - ANSWER-Georgia does NOT require the seller to fill out a written disclosure form or statement. That said, the law does require the seller to inform the buyer of any known defects in the condition of the home. It's not uncommon for brokers to encourage sellers to fill out a written form commonly known as a seller's disclosure statement, or property condition disclosure statement, to present to the buyer....

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

NJ Real Estate Commission - correct answer Administration of NJ RE licenses by? Dept. of Banking and Insurance - correct answer NJ Real Estate Commission is under Real Estate License Act Title 14 Chapter 15 - correct answer Licenses governed by? Title 11, Chapter 5 - correct answer Rules and regulation...