Define fiduciary - Study guides, Class notes & Summaries

M100 Community Association Management Exam Questions with 100% Verified Answers. Each of the following are key characteristics of community associations EXCEPT: a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. b. Membership in the community association is mandatory and automatic for all owners. c. A requirement of community association ownership is serving on the board of directors. d. Certain docu...

©BRAINBARTER 2024/2025 California DRE Salesperson Exam Questions With 100% Verified Answers. What is the concept of "fee simple" ownership? - answerThe most complete form of ownership in real estate, providing full possessory rights and responsibilities for an indefinite duration. Define "leasehold estate." - answerA tenant's right to occupy real estate during the term of the lease, typically without ownership of the property. What are restrictive covenants? - answerPrivate agreemen...

Conduct and Practices Handbook (CPH) Exam 136 Questions with Answers Duty of care - CORRECT ANSWER This refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard muc...

A brokerage representing only a seller would consider a buyer as a _________ or a customer? - Third Party A buyer completes the purchase of a property, but shortly after taking possession discovers there is a latent defect to the land or improvements. Is the brokerage liable? - No. The brokerage should be indemnified as the buyer was required to make their own enquiries to confirm the condition of the property. This is an example of 'Duty of Indemnification'. Note: If the agent acts unla...

What was the predecessor to the Constitution? Articles of Confederation Where are Federal-Level laws enacted? Congress What Article, Section and Clause empowers Congress to collect taxes Article 1, Section 8, Clause 1 What occurs when the President does not sign an enrolled bull within 10 days? Pocket Veto Which branch of government implements laws? Executive Approximately what percent of federal spending is discretionary? 30% How frequently does congress review the DoD budget reques...

What are the 5 elements of PERSEC? 1. Designation 2. Investigation 3. Adjudication 4. Reinvestigation 5. Continuous Evaluation What is the 5 criteria adjudicators use when determining eligibility for a security clearance? 1. Honesty 2. Reliability 3. Character 4. Loyalty 5. Trustworthiness 00:09 01:24 Define continuous evaluation uninterrupted assessment of an individual for retention of a security clearance eligibility or a continuing assignment to sensitive dut...

Parents patriae is a Latin term that translates to - King as father parents of the country The concept of Prince Porte has given rise to the States authority to intervene in an individual's life in order to protect the person from harming himself or others in the following ways - Guardianship or conservatorship. Baker act. Protective services for children or adults. Involuntary treatment for substance abuse or mental illness. Who can amend or change the laws governing guardianship. - The ...

Certified Defense Financial Manager Course Exam Questions and Answers 100% Pass What was the predecessor to the Constitution? -Answer-Articles of Confederation Where are Federal-Level laws enacted? -Answer-Congress What Article, Section and Clause empowers Congress to collect taxes -Answer-Article 1, Section 8, Clause 1 What occurs when the President does not sign an enrolled bull within 10 days? - Answer-Pocket Veto Which branch of government implements laws? -Answer-Executive Approxim...

Certified Defense Financial Manager Course Exam Questions With Verified Answers. What was the predecessor to the Constitution? - answerArticles of Confederation Where are Federal-Level laws enacted? - answerCongress What Article, Section and Clause empowers Congress to collect taxes - answerArticle 1, Section 8, Clause 1 What occurs when the President does not sign an enrolled bull within 10 days? - answerPocket Veto Which branch of government implements laws? - answerExecutive Approxim...

Certified Defense Financial Manager Course Exam Questions and Answers 100% Pass What was the predecessor to the Constitution? -Answer-Articles of Confederation Where are Federal-Level laws enacted? -Answer-Congress What Article, Section and Clause empowers Congress to collect taxes -Answer-Article 1, Section 8, Clause 1 What occurs when the President does not sign an enrolled bull within 10 days? - Answer-Pocket Veto Which branch of government implements laws? -Answer-Executive Approxim...