A contract must have - Samenvattingen en Aantekeningen

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...

FLORIDA TERMITE EXAM 2024 QUESTIONS AND ANSWERS 100% PASS What must you have signed by the customer before entering into a contract on a property that is currently under an active wdo warranty? - Correct Answer ️️ -Form 13671 (consumer consent form) The eastern sub termite belongs to what family? - Correct Answer ️️ -Rhinotermitidae Drywood and dampwood termites belong to the family? - Correct Answer ️️ - Kalotemritidae according to the revised taxonomy of termites, these ins...

AIC 301 Exam Questions With All 100% Correct Answers What are the elements of a legally binding contract? - Answer -To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer -In bilateral con...

WV State Life Insurance Exam Questions and Answers Already Passed A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a: Risk retention group Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated? 1970-Fair Credit Reporting Act Q purchases a $500,000 life insurance policy and pays $900 in premiums over the first six months. Q dies suddenly and the ben...

Kentucky Life and Health Insurance Exam (New 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A QUESTION The only party in an insurance contract that makes a legally enforceable promise is the insurance company. Because of this, insurance contracts are considered to be: conditional aleatory unilateral contracts of adhesion Answer: unilateral Insurance contracts are unilateral. This means that only one party (the insurer) makes any kind of ...

California: Real Estate Principles Practice Exam 1 - Salesperson License/ Q&A. 1 of 50 - Which form of payment is most common for a property manager? A. A percentage of income. B. A salary. C. A flat fee. D. All of the Above - Answer: A. A percentage of income. 2 of 50 - Which of the following is exempt from the Natural Hazards Disclosure? A. A special flood area. B. A geological hazard. C. A wildland high fire severity area. D. A seismic hazard zone. - Answer: B. A geological ha...

CON 2370 Simplified Acquisition Procedures Exam Questions and answers with 100% Complete solutions | verified &updated 2024 You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? - The contract is considered closed once you receive evidence of receipt of property and final payment. Which of the following statements is true regarding the policies for the use of simplified acquisition pr...

Massachusetts Life Insurance Final Exam Questions and Answers Graded A+ in Massachusetts, a small employer is comprised of 1-50 employees Kate received a group accident and health termination notice. How many days does she have to apply for a converted policy? 31 Scott has a life insurance policy in which the dividends are left with the insurance company. This particular policy may be paid up when the cash value plus accumulated dividends equal the net single premium for the same...

California Real Estate Exam/ 208 Questions with Certified Solutions. If a buyer has defaulted on on an original land contract which had been recorded, this would result in a defective title, requiring legal action to clear the title. This is called - Answer: a Quiet Title Action. A promise is also known as a - Answer: Covenant A court action is mandatory to evict a delinquent tenant. This process is called - Answer: Unlawful Detainer A verbal contract is considered - Answer: Valid ...

Mastery Exam, Car Sales Test Colorado Exam | 257 Questions and Verified Answers (GRADED A) (LATEST UPDATE 2024 GRADED A+. The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended on any of the following grounds except: b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle According to colorado law, which of the following must be licensed as a motor vehicle dealer and or powersports dealer? d) All of the above ...

CON 1300 Exam Review (2024/ 2025 Update) Questions and Verified Answers-100% Correct- Grade A Q: any cost not directly identified with a single, final cost objective, but iden- tified with two or more final cost objectives or with at least one intermediate cost objective Answer: Indirect Cost Q: Used to document fair and reasonable pricing must be a stand-alone document that tells the whole story and will pass scrutiny for review/approval of your negotiation position and subsequ...

The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: Reserves An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: Fair Credit Reporting Act A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: A fraternal benefit society What I the name...