Statutes of fraud - Study guides, Class notes & Summaries

A commercial property was in foreclosure and after the sale, the mortgagee did not receive enough money to satisfy the note. Which of the following statements is true? - The lender can sue for a deficiency judgment against the borrower A borrower can be relieved of primary responsibility for a mortgage by finding a buyer who is willing to: - Assume the loan A broker and an owner discussed several types of listing agreements and decided upon an exclusive right to sell. The broker drafted th...

BUL 3310 Exam 1 FSU Bailey - Questions and Answers (Complete Solutions) Criminal and taxing statutes are strictly and narrowly construed True False If one obeys the law, one is not necessarily acting ethically because ethical standards of conduct and legal standards of conduct are identical. True False A person who violates a decree from a court of equity can be jailed for contempt of court. True False In a criminal case, the state has the burden to convince jurors of the defendant's guilt "...

FRAUD AND FALSE STATEMENTS (18 USC Sections 1033 and 1034) correct answers Under federal statutes it is a felony for any insurance company officer or employee to engage in fraud, embezzlement, theft, or deceit in any insurance transaction. In addition to a $50,000 civil fine, such a person may be subject to imprisonment for up to 15 years. USA PATRIOT ACT - ANTI - MONEY LAUNDERING correct answers To make money laundering more difficult for criminals, the USA Patriot Act requires insurance com...

What Act shaped how commercial insurance carriers approached the concepts of paying for medical care? - ANSWER-HMO Act of 1973 ACA - ANSWER-Affordable Care Act HMO (Health Maintenance Organization) - ANSWER-The organization is both the insurer and provider of a set of defined services. Patients within this network must use an in-network provider for their services to be covered. Capitation Payment - ANSWER-part of prospective payment in which healthcare providers receive fixed monthly p...

AIC 301 Quiz/Test Study Questions and Answers 100% Pass Market Share Liability - Correct Answer ️️ -Applies when a product that has harmed a consumer cannot be traced to a single manufacturer. They are liable unless they can prove they could not have made the product involved. A Defense to Fraud - Correct Answer ️️ -The defendant must make the representation with the intent to influence the other party's action. If the defendant did not intend to deceive, there is no proof of fra...

Loma 311 module 1 Exam Answers 100% Verified 2024 Constitution - Answer- One of the primary sources of law. The other three are statutes, administrative regulations, and treaties and international agreements. A constitution is a document or group of documents that set out the fundamental principles that determine the powers and duties of the government and the rights of the people. -meant to be relatively permanent and a primary source of law Branches of Government - Answer- Legislative, ...

NAB CORE EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES|ALREADY GRADED A+|BRAND NEW! The purpose of a corporate compliance plan is to :ANSWER1. reduce fraud and abuse and to establish internal controls for responsible organization conduct 2. avoid charges of price-fixing and the violation of federal antikickback statutes 3. identify the corrective steps necessary for the removal of quality indicator flags from a healthcare organization's profile 4. estab...

SC REAL ESTATE - STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Associated Licensee - -Licensee who is affiliated with a BIC Broker - -For a fee, salary, commission Negotiates, Auctioins, Solicits a referral, Offers advisory services, Offers to act as an agent, Advertises Broker-in-Charge - -Has responsibility over actions of all associated licensees and real estate trust accounts Client - -Person with whom a licensee has an established agency relationship Customer - -Pers...

Describe the members serving on the board Correct Answer: - All appointed by the Govenor - serve staggered 4 year terms with a max of 10 years 4 members PT's - practicing in arizona for at least 5 years - Residents - possess an unrestricted certificate 1 member = PTA - practicing for 5 years - resident of AZ 2 members = citizens of Arizona 2 - no relationship to any professional license/board in the state - have an interest in consumer rights - no financial interest When d...

Iowa dental board exam: jurisprudence Questions And Answers 100% Verified What are statutes? - Answer- Laws written by federal and state legislators Where is the dental practice act of Iowa located? - Answer- Iowa code chapter 153 What is the statute of limitations for malpractice related claims for adults in Iowa? - Answer- 6 years Tort - Answer- A civil wrong or injury Malpractice - Answer- Failure to exercise reasonable care that results in harm to another Duty - Answer- An obligatio...