Solicitor qualifying exam - Study guides, Class notes & Summaries

Accountability - answer-The responsibility of the donee organization to keep a donor informed about the use that is made of the donor's gift as well as the cost of raising it. Acknowledgment - answer-Written expression of gratitude for gift or service. Acknowledgment letter - answer-A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may be a form letter, but it ...

Xcel California Life, Accident, and Health Insurance Final exam actual questions and answers complete update guide 2023 Who does a life settlement broker represent? - Individual wanting to sell their life policy to a third party What is the insurance term the State of California uses for an insurer that is eligible to transact business in this state? - Admitted Most U.S. life insurance companies belong to the - Medical Information Bureau Which of the following healthcare providers ...

CA Life Insurance Practice Exam 91 Questions with Answers A key person is typically all of the following, except: - CORRECT ANSWER -Not directly involved in sales, production, or service Key persons are employees whose contributions have a significant impact on the revenue and profitability of the company, especially in small businesses. They are typically: part of the management team, more highly paid, respected by customers, creditors, suppliers, and vendors, and have direct responsibili...

California Life and Health Final Exam 148 Questions with Answers Employer-provided group term life insurance is exempt from income taxation up to - CORRECT ANSWER $50,000 Medicare Part B has an initial enrollment period. How many months after an individual's 65th birthday month does this enrollment period end? - CORRECT ANSWER 3 months Which statement is true regarding policy dividends? - CORRECT ANSWER A dividend option is selected by the insured at the time of policy purchase W...

Final Exam: California Life, Accident, and Health Insurance Already Passed What is an insurance solicitor authorized to do? Help an agent or broker sell insurance According to the California Insurance Code, what is "insurance"? A contract What does a Hospital Confinement indemnity policy pay for? Pay a specified daily amount while the insured is confined to a hospital According to the California Insurance Code, how is the word "may" interpreted? Permissive Which statement is CORRECT when...

PARTNERSHIPS: What is a partnership? s.1(1) Partnership Act 1890 Partnership = persons carrying on business with a view to profit. – May form a partnership irrespective of contrary intention. A partnership is formed once the definition is satisfied, not when a decision to form a partnership is made. Existence of partnerships: s.1(1) PA 1890 No formality is needed to establish a partnership so a partnership can be formed without the specific intent of the parties to form one. s.2(3) ...

CFRE Practice Exam 195 Questions with Verified Answers If a donor states that the amount of money an organization is asking for is very large, the best response is to tell the prospective donor that: - CORRECT ANSWER the amount is large, but emphasize the value and long term impact of the gift. When is the most appropriate time to begin devoting time and energy into the development and nurturing of a relationship with a donor? - CORRECT ANSWER Immediately upon receipt of the donor's first...

California Life, Accident, and Health Insurance Final Exam 180 Questions with Answers What is an insurance solicitor authorized to do? - CORRECT ANSWER Help an agent or broker sell insurance According to the California Insurance Code, what is "insurance"? - CORRECT ANSWER A contract What does a Hospital Confinement indemnity policy pay for? - CORRECT ANSWER Pay a specified daily amount while the insured is confined to a hospital According to the California Insurance Code, how is ...