Third party bad faith - Study guides, Class notes & Summaries

The principal is also known as - Answer-client fiduciary relationship - Answer-a relationship founded on trust and confidence Agency Relationship - Answer-Exists when one person (the agent) acts for, or on behalf of another person (the principal). the principal - Answer-is the one who hires and gives authority to the agent Texas Real Estate License Act TRELA - Answer-Was passed 1939. The purpose is to protect the public against unscrupulous brokers and sales agents. Texas Real Estate Comm...

Review for property and casualty adjuster exam Questions and Answers 100% Pass What is a hazard? - Answer- Something that increases the chance of a loss How many of hours of ethics - Answer- 3 An insurance contract has how many parties? - Answer- 2 parties 1. List the time restraints for response and payment of claims in Texas: - Answer- - 15 days to acknowledge claim - 5 days to pay if adjuster takes responsibility - 15 day extension for all weather related damage - 15 days to affirm o...

1 AIC 30 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ First Party Focus Correct Answer: Coverage and Amount of damage Second Party Correct Answer: Insurance Company First Party Correct Answer: Insured Third Party Correct Answer: Claimant Third Party Focus Correct Answer: Liability, Coverage, and Amount of damage Third Party Administrator (TPA) 2 Correct Answer: an organization that provides admin services associated with risk financing and insurance. The...

AGACNP Exam Practice Questions With Correct Answers Latest Update 2024/2025 (Graded) Key elements of the NP role include - ANSWER integration of care across the acute illness continuum with collaboration and coordination of care; research based clinical practices, clinical leadership, family assessment, and discharge planning Standards of Advanced Practice are delineated by... - ANSWER American Nurses Association which measure quality of practice, service, or education State Practice Acts -...

HESI PN EXIT V1 110 QUESTIONS AND ANSWER 2023/2024 LATEST UPDATE HESI PN EXIT V1 110 QUESTIONS AND ANSWER 2023/2024 LATEST UPDATE 1. The practical nurse enters a male client's room to administer routine morning medications, and the client is on the phone. Which action is best for the PN to take? A. Ask another nurse to go back with the medication when the client's hung up the phone B. Wait for the client to excuse himself from the telephone conversation, and observe the client takin...

CPCU 530 Test Questions with Correct Answers Bailor - Answer-The owner of the personal property in a bailment. Implied-in-law contract - Answer-An obligation that is not an actual contract but that is imposed by law because of the parties' conduct or some special relationship between them or because one of them would otherwise be unjustly enriched Implied-in-fact contract - Answer-A contract that is not express but that the parties presumably intended, either by tacit understanding or ...

RMI LAW FINAL EXAM STUDY A+ GRADED.

RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct COVERAGE: Contract of sales Direction: Read and select the best answer for the following questions. 1. It is a contract whereby one of the contracting parties, known as the seller or vendor, obligates himself to transfer the ownership of and to deliver a determinate thing, and the other party, known as the buyer or vendee, obligates himself to pa...

1 AIC 300 - CLAIMS IN AN EVOLVING WORLD EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. Correct Answer: B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. As methods of...

1 AIC 300 - CLAIMS IN AN EVOLVING WORLD EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. Correct Answer: B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. As methods of...