Wv business - Study guides, Class notes & Summaries

In WV, the board of insurance education sets the requirements for prelicensing and continue education. This board is comprised of the insurance commissioner and six members who are represented by: two p & c agents, one health agent, one representative from a domestic company, and one representative from a foreign company Under a surety bond, the owner of the project is called the: Obligee Surety Principal Administrator obligee The insured is covered under a businessowners policy. He has sever...

Can you refuse a state board of pharmacy inspection? - No; unlike the federal CSA in which the DEA must either have an administrative warrant or get the PIC or owners consent; the state board of pharmacy may inspect pharmacies without warrants regardless of consent Can they do an inspection anytime they want? - Has to be during reasonable business hours Whom is the Board of Pharmacy made up of? - 7 Members 5 PRACTICING pharmacists 2 public members that have no relationship to pharmac...

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 - 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 - a. January 31 3. When developing a project schedule, what does WBS stand for? a. Work breakdown structure b. Work building schedule c. Wall board system d....

Pharmacy Law MPJE Exam: West Virginia Law Questions and Answers 100% Pass Can you refuse a state board of pharmacy inspection? No; unlike the federal CSA in which the DEA must either have an administrative warrant or get the PIC or owners consent; the state board of pharmacy may inspect pharmacies without warrants regardless of consent Can they do an inspection anytime they want? Has to be during reasonable business hours Whom is the Board of Pharmacy made up of? 7 Members 5 PRACTICING pharma...

WV REAL ESTATE FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ The purpose of the West Virginia License Act is to --- limit competition in the real estate industry. protect the public in real estate transactions. regulate the limit for brokerage compensation. impose license fees to generate income. protect the public in real estate transactions. Jim acquires a West Virginia broker license. He wants to sell real estate without opening a business so he decides to remain at his...

WV Real Estate Exam Questions and Answers Already Passed What are the types of fee simple estates? Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute The best type of ownership you can get. Fee Simple Defeasible Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? Fee simple determinable 2 Condition subsequent Fee Simple Defeasible Will include: so long as, while, during and includes the term reverter. Reverter Former ...

West Virginia Laws and Rules Pertinent to Insurance Questions and Answers Already Passed 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 response When a producer is soliciting a client to effect a contract of i...

All members of the West Virginia Real Estate Commission must have been residents of the state for at least the previous___________. - 6 years What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker license - - Served an apprenticeship as a licensed salesperson for two years and experience the equivalent of a full-time license sales agent. - Completed the broker required education.. (90 hours) -The overall requirement is 180 hours which would hav...

Can you refuse a state board of pharmacy inspection? - No; unlike the federal CSA in which the DEA must either have an administrative warrant or get the PIC or owners consent; the state board of pharmacy may inspect pharmacies without warrants regardless of consent Can they do an inspection anytime they want? - Has to be during reasonable business hours Whom is the Board of Pharmacy made up of? - 7 Members 5 PRACTICING pharmacists 2 public members that have no relationship to pharmac...

The West Virginia Insurance Commissioner attains office in which of the following ways? - Answer-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? - Answer-Direct response When a producer is soliciting a client to effect a contract of insurance, the producer is engaged in - Answer-transacting insurance Courses ar...