Solicitor - Study guides, Class notes & Summaries

CA Life Insurance Exam Questions and Answers 100% Pass What is meant by referring to an insurance policy as a unilateral contract? Only one party makes a legally enforceable promise. When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? At all times. Any situation that presents the possibility of a loss is known as a loss exposure Which of the following information is not required to be communicated in a Life insurance contract? Personal ...

A and S incorporated MSB Inc each with 50% of the shares. What is the minimum number of directors required? - 1 director is required if the company is not an offering corporation. A bachelor dies owning a home which he leaves to his sister. Before the transfer what must happen? - to transfer property to a beneficiary the executor must first obtain a CRA clearance certificate and a certificate of appointment obtained. A bank accepts a power of attorney and relies on its validity when releasi...

SI Life Exam Questions and Answers 100% Pass What kind of retirement plan can a 75-employee for profit corporation establish? Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT failure to pay all claims that are reported within 90 days after a loss occurs The settlement option t...

Solicitor Bar Exam Ontario UPDATED ACTUAL Questions and CORRECT Answers Upon reviewing a list of beneficiaries for an estate what relationship pose a potential conflict? - CORRECT ANSWER- A current client of the firm in a separate matter. A client demands an answer on short notice about how a recent court decision will impact their ongoing lawsuit on a similar issue. - CORRECT ANSWER- A lawyer should advise the client in writing that a proper opinion cannot be rendered within the des...

MD Accident, Health & Life Producer Questions and Answers 100% Solved An Alien Insurance company soliciting insurance in this state would accurately be described by which of the following? A. It must possess a Certificate of Authority from the NAIC, and it is organized under the laws of another country B. It must possess a Certificate of Authority from this state, and it is organized under the laws of another country C. It is organized under the laws of this state, and holds a Certificate of...

California Property and Casualty Insurance Exam Questions and Answers 100% Pass What is the required rate discount under a Good Driver Discount policy? - Correct Answer ️️ -20% below the rate the insured would have been otherwise charged for the same coverage All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for service What is the procedure for refusing uninsured moto...

Solicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exa...

Upon reviewing a list of beneficiaries for an estate what relationship pose a potential conflict? - A current client of the firm in a separate matter. A client demands an answer on short notice about how a recent court decision will impact their ongoing lawsuit on a similar issue. - A lawyer should advise the client in writing that a proper opinion cannot be rendered within the designated timeframe. A real estate lawyer who is acting for purchaser and lender learns of an addendum to the pri...

QUESTION 1 No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). Need to ensure that the firm is not committing a criminal offence by carrying out a regulated activity without authority pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 1. Are you in Business? a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. As the firm is providing a service for the client, it is in business for...

Entry 2 of a Charges Register states that a conveyance dated 5 October 1999, made between Edward Charles Rigley (1) and Euan Andrew Palenbella (2), contains restrictive covenants. The Land Registry does not have a copy of this conveyance. Which ONE of the following statements about the contents of the conveyance is CORRECT? A. A buyer would be bound by the covenants contained in the missing conveyance, because the Charges Register refers to them B. A buyer would not be bound by the ...