License information nj - Study guides, Class notes & Summaries

NJ Life Insurance Test Correct answers latest update The McCarran-Ferguson Act was passed by Congress to Redefine the authority of the state and federal government to regulate the insurance industry The principle that insurance is not a transaction of commerce and so should be regulated by the state was established in: Paul v. Virginia In New Jersey, a producer who violates a New Jersey insurance law for the first time may be fined up to $5,000 The New Jersey Banking and In...

NJ Real Estate Actual Exam Questions with Correct Answers (Rated A+) Sun City Realty holds a door-prize drawing at a weekend open house it runs. This practice... - Answer-violates the commission's rules Donna White, a broker, is offering her mother's house for sale and will charge no commission. Should she reveal that she is a licensed agent? - Answer-Yes, as soon as she meets a prospective buyer The "reasonable effort" licensees are required to make to determine all materia...

NJ Cala exam Question and answers rated A+ 2023/2024assistance with transfer - correct answer providing the physical assistance of no more than two facility staff while the resident moves between bed and a standing position or between bed, chair, or wheelchair managed risk agreement - correct answer ify the specific cause for concern de the resident with clear, understandable information about the possible consequences of her choice or action to negotiate a manged risk agreement with the r...

Drivers Ed chapter 1-3 questions with verified solutions What 3 things must a motorist have while operating a motor vehicle? driver's license, insurance card, vehicle card How many weeks does a driver have to change there license after they move? 1 week How many weeks does a driver have to change there license after they change there last name? 2 weeks What does DDL stand for? digital driver's license What is the difference between a vertical and horizontal Driver's License? if the licenc...

Powers and duties of Commissioner - ANSWER-Conduct research Make reasonable rules and regulations Issue orders and notices Issue insurance licenses and certificates of authority Impose penalties Approve insurance policy forms and rates Amount of days notice before hearing - ANSWER-10 Retrocession - ANSWER-When a reinsurer transfers risks it has accepted to another insurer Producers can be - ANSWER-Agents, brokers or both Insurance agent - ANSWER-a licensed insurance producer wh...

What type of prescription can practitioners in NJ use? What must be included? correct answers Use non-reproducible non erasable safety paper NJ prescription blanks. Must have MD license number. Obtained from vendor approved by Division of Consumer Affairs in the Department of Law and Public Safety Serially numbers Must contain NPI number if one was obtained. What must a physician do with the rx blanks? What happens when they are stolen? correct answers Must keep record of receipt of the ...

NJ Real Estate Study Guide Exam Questions with 100% Complete Solutions 50,000 - Answer-for a license law violation, the real estate commission could fine a license as much as 3 - Answer-the commission will rule that someone could never again get a license after how many violations? buyer only - Answer-rebate as part of a commission may be paid to a 10 days - Answer-the real estate commission must give a licensee how much notice before a hearing is held on a possible violation viol...

NJ Cala examassistance with transfer - correct answer providing the physical assistance of no more than two facility staff while the resident moves between bed and a standing position or between bed, chair, or wheelchair managed risk agreement - correct answer ify the specific cause for concern de the resident with clear, understandable information about the possible consequences of her choice or action to negotiate a manged risk agreement with the resident that will minimize risk and adve...

Broker One who buys and sells for another for a fee. Broker-Salesperson A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sales control regulations covering out of state properties sold in NJ continuing education 12 hours required every two years, two of which must be on ethics NJ Real Estate Commission Department of Banking and Insurance. 8 members. 5 brokers for at least 10 years, two from general public a...

NJ Boaters License Test 2024 WITH COMPLETE & VERIFIED SOLUTIONS| ALREADY PASSED C - ANSWER What important information is found on a boat's capacity plate? A. Minimum number of PFD's required to be on board B. Minimum number of seats for the operator and passengers C. Maximum weight and/or number of people the boat can carry safely D. Maximum capacity of the fuel tank A - ANSWER Everyone on board a vessel should understand basic safety practices. Who is responsible for ensuring this? ...