Commingling of - Study guides, Class notes & Summaries

WISCONSIN ACCIDENT AND HEALTH INSURANCE EXAM 2024/2025 Dividends from a stock company are normally sent to: Beneficiaries Shareholders Policy holders Insureds - Precise Answer Shareholders Which of the following financial products creates an instant estate, no matter when the date of death? Mutual funds Life insurance Certificate of deposit Deferred annuity - Precise Answer Life insurance Which of the following outlines the authority given to the producer on behalf of the in...

The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? - Administrative Discipline To mingle or mix funds is known as what...? - Commingling Chris is a real estate broker involved in a residential transaction. When Chris illegally places his client's funds into his personal account, what is he engaged in...? - Commingling of Funds The post-license education required by salespersons and bro...

Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved. Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? A. Emblements B. Personality C. Fixtures D. Appliances - -C A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: A. salesperson and the seller B. salesperson and the buyer C. sal...

According to the Colorado Fraud Statute, all of the following must contain a warning against insurance fraud except: - applications - policies - certificates of authority - claim forms - certificates of authority In Colorado, which of the following is true regarding the commingling of an insurer's funds with the funds of the producer? - it it ok with the insured's written approval - it is ok with the insurer's written approval - it is never ok - It is ok if records ar...

Which of the following is NOT an example of a producer's breach of contract under fiduciary duty? Misappropriation of premiums commingling premiums improper withholding of premiums allowing premiums to be submitted electronically - Precise Answer allowing premiums to be submitted electronically Nevada Requires that coverage for newborns begins "from the moment of birth" and a premium must be paid within: 31 days 90 days 6 months 12 months - Precise Answer 31 days A foreign insur...

FNS206 Chapters 4-6to be knowledgeable and current regarding all laws and regulations - correct answer What is the most important thing for funeral directors to know when it comes to the final disposition of cremated remains? Commingling of cremated remains - correct answer What is a challenge faced by funeral homes and crematory operators when it comes to cremated remains? be certain the law in your service area deems this process acceptable, and always complete a commingling authoriz...

Wisconsin Accident and Health Insurance Exam Questions and Correct Answers 100% 1. Dividends from a stock company are normally sent to: Beneficiaries Shareholders Policy holders Insureds--: correct answer :-- Shareholders 2. Which of the following financial products creates an instant estate, no matter when the date of death? Mutual funds Life insurance Certificate of deposit Deferred annuity--: correct answer :-- Life insurance 3. Which of the following outlines the authority given to...

New York Life Insurance Questions and Answers Already Passed Accelerated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured's death is the result of an acc...

TN State Exam Practice 1 Questions and Answers Already Passed In Tennessee, what's the minimum age to earn a real estate license? 16 18 21 25 18 Which of the following is the most accurate definition of the word "creed"? A disability A national culture A set of beliefs A system of racial categorization A set of beliefs TREC and any committee created under TREC is entitled to whose legal services? The district attorney of the county in which TREC operates The ...

NYS Colibri Real Estate Final Exam Questions and Complete Solutions Expressed Agency - Answer: An agency created in a written or oral agreement General Agent - Answer: One who is authorized by a principal to represent the principal in a specific range of matters Fiduciary - Answer: Person in a position of trust, held by law to high standards of good faith and loyalty Fiduciary Duties - Answer: care, obedience, accounting, loyalty, and disclosure COALD Group Boycott - Answer: An or...