Wv business law 2024 - Study guides, Class notes & Summaries

WEST VIRGINIA LAWS AND RULES PERTINENT TO INSURANCE EXAM STUDY QUESTIONS AND ANSWERS WELL EXPLAINED AND VERIFIED AS 100% CORRECT BY EXPERTS LATEST UPDATE 2024 GRADED A The West Virginia Insurance Commissioner attains office in which of the following ways? Gubernatorial appointment (Governor of WV) An offer of life insurance by an insurance company in West Virginia to individuals who are personally invited to apply on the basis of the offer is known as what type of solicitation? Direct respons...

WV BUSINESS LAW PRACTICE EXAM FOR CONTRACTORS PRACTICE QUESTIONS AND ANSWERS (100% PASS) 1. What type of contract requires the contractor to be responsible for both the engineering and construction of a project? a. Traditional b. Design build c. Turn key d. Concession - Answer️️ -b. Design build 2. By what date is an employer required to provide its employees with a W-2? a. January 31 b. February 15 c. March 31 d. April 15 - Answer️️ -a. January 31 3. When developing a proje...

WV Adjuster Test 100% Solved 2024 What is the definition of a public adjuster? - Answer- An adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - Answer- 30 Days Subrogation occurs when? - Answer- The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - Answer- To provide additional liability coverag...

WV BUSINESS LAW PRACTICE EXAM FOR CONTRACTORS 2024. 1. What type of contract requires the contractor to be responsible for both the engineering and construction of a project? a. Traditional b. Design build c. Turn key d. Concession - correct answer b. Design build 2. By what date is an employer required to provide its employees with a W-2? a. January 31 b. February 15 c. March 31 d. April 15 - correct answer a. January 31 3. When developing a project schedule, what does WBS sta...

MA Salesperson Exam Module 15: Real Estate Licensing Law Exam Study Guide Solutions Board of registration of Real Estate Brokers and Salespersons - ANSWER-enforces the license law o Part of the Division of Professional Licensure o Made up on 5 members appointed by the governor § each member has a 5-year term. § one member's term expires each year § 3 of the members are brokers with at least 5 years of experience § 2 of the members represent the public § One member is appointed c...