Define fiduciary - Study guides, Class notes & Summaries

Parents patriae is a Latin term that translates to - ANSWERKing 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 - ANSWERGuardianship 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 guardian...

RSK 4802 EXAM PACK 2022 JANUARY /FEBRUARY 2016 QUESTION1.1 ai) Risk management is an important process because it empowers a business with the necessary tools so that it can adequately identify and deal with potential risks. Once a risk has been identified, it is then easy to mitigate it. In addition, risk management provides a business with a basis upon which it can undertake sound decision-making. -For a business, assessment and management of risks is the best way to prepare for even...

Virginia Property and Casualty Insurance Questions and Answers Already Passed What is based on the principle of Risk Transfer Spreading the results of a financial loss among many persons, so the cost to any one person is small What kind of risk has an outcome that is uncertain? Speculative Risk What is the reason for a claim? A loss is the reason a claim against an insurance company. What is the measure of a loss? Exposure Units Name three types of hazards. 1. Physical Hazard...

Alabama adjuster exam pt 2 Exam Questions and Answers (verified answers) 739 Questions 2024/2025 RATED A+Define: Claimant - CORRECT ANSWERS A person or entity that requests indemnification for losses under the terms of an insurance policy Define: Adjuster - CORRECT ANSWERS Person who investigates, evaluates, and negotiates claims arising under insurance contracts Define: Adjusting - CORRECT ANSWERS The process of comparing a claimant's losses to the promises made in an insurance policy ...

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

RDA Law and Ethics (California) Latest Version Graded A+ Standard of care Otherwise known as the customary standards and practice of the dental profession; a set of professional standards that are not in law or regulation but established by the professional within the profession such as code of ethics; the standard of care is often defined as what a reasonable person would do in the same or similar circumstance. Fiduciary Responsibility Holding of something of trust to another; a rel...

Parents patriae is a Latin term that translates to - ANS 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 - ANS 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 guar...

An employer plans to use corporate-owned life insurance to informally fund a nonqualified deferred compensation agreement and wants flexibility regarding investment choices. Which one of the following types of life insurance should this employer choose? - cORRECT sOLUTION Variable life insurance The latest economic reports have been gloomy, and the stock market is in a protracted slump. Most of your regular stock customers are selling out their positions. A new client, Mr. Jones, sees these c...

Humber Real Estate - Course 2, Module 1, Explaining Services Available to a Seller or Buyer The relationship between two parties in which one party (the agent) accepts responsibility for representing the other party (the principal) in dealing with a third party. Under Ontario law, how is an 'agency relationship' defined? Client & Customer While common law uses the terms 'Principal' and 'Third Party', what terms does REBBA use instead? The Common Law of Agency The underlying r...

Parents patriae is a Latin term that translates to - correct answer 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 - correct answer 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 ...