Fiduciary responsibility - Study guides, Class notes & Summaries
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
- Exam (elaborations) • 48 pages • 2023
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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CEBS: GBA/RPA 3 (new curriculum) Exam Questions and Answers
- Exam (elaborations) • 11 pages • 2023
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ERISA - Answer- Employee Retirement Income Security Act 1974 
 
SOC Reports - Answer- Service Organization Controls: for external vendors 
 
SOC 1 - Answer- Internal Controls & Financial reports; used by auditors 
 
SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA 
 
SOC3 - Answer- Same as SOC2, but available for public use. 
 
Tribble V Edison - Answer- Landmark court case re fiduciary resp...
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Law 3220 Exam 4 Clemson Latest Update Graded A
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Law 3220 Exam 4 Clemson Latest Update Graded A Agency An agency is created when a person or company (an agent) agrees to act for or in place of another person or company (the principal) 
Parties in an Agency -The principal creates authority in an agent -The agent receives authority and carries out the principal's instructions -Third parties make contract or are involved in torts with the agents 
Disclosed Principal Identity of principal is known by the third party at time of making of contract ...
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ADJUSTER PRO EXAM WITH REVISED ANSWERS (2023)
- Exam (elaborations) • 16 pages • 2023
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ADJUSTER PRO EXAM WITH REVISED 
ANSWERS (2023) 
Stu has a collection of rare comic books. He wants to purchase theft insurance for his 
collection, separate from his home and other property. What term most accurately 
describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline 
Policy 
Which of the following statements does NOT apply to the Standard Fire Policy? - 
CORRECT ANSWER-It automatically covers wind and vandalism. 
Which of the following refers to being restored to the ...
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Claims Adjuster Final (Multiple Choice Questions) 2022/2023
- Exam (elaborations) • 16 pages • 2022
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An adjuster is a fiduciary agent with a responsibility of loyalty to the interest of 
The insured and insurer 
 
 
 
An insurer gives which of the following as Consideration for an insurance policy? 
A Promise 
 
 
 
The interest of the insured and all other persons in the property involved in a claim is 
found in 
A Proof of Loss 
 
 
 
An insured rear-ends another driver's vehicle. The auto policy that pays damages to 
repair the damaged vehicle is a _______? 
Liability Policy 
 
 
 
Your ins...
And that's how you make extra money
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RECA Fundamentals Exam Questions and Answers Already Passed
- Exam (elaborations) • 34 pages • 2023
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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ETS Major Field Test (Practice Test) Bachelor's Degree in Business practice exam with 100% correct answers
- Exam (elaborations) • 22 pages • 2024 Popular
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The common characteristic possessed by all assets is 
Future economic benefit 
 
 
 
Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? 
Resource-seeking FDI 
 
 
 
 
Brainpower 
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Under the Uniform Commercial Code (UCC) statute of frauds, which of the following terms must be included in writing...
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Alabama Property and Casualty Exam 2022/2023 with 100% correct answers
- Exam (elaborations) • 18 pages • 2022
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If a company cancels an auto policy mid term, the refund will be made on 
 
a. pro rata basis 
b. short rate basis 
c. retroactive basis 
d. coinsurance basis 
Pro Rata Basis 
 
 
 
What is the term used to describe terminating the insurance relationship at the end of the policy period ? 
a. cancellation 
b. nonrenewal 
c. separation 
d. exclusion 
Nonrenewal 
 
 
 
Which is the best example of an indirect loss ? 
 
a. sequential loss 
b. liability loss 
c. employee theft 
d. loss of use 
Loss o...
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RSK4802 EXAM PACK 2023
- Exam (elaborations) • 175 pages • 2023
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RSK 4802 EXAM PACK 2022 
JANUARY /FEBRUARY 2016 
QUESTION1.1 
ai) 
Risk management is an important process because it empowers a business with the 
necessary tools so that it can adequately identify and deal with potential risks. 
Once a risk has been identified, it is then easy to mitigate it. In addition, risk 
management provides a business with a basis upon which it can undertake sound 
decision-making. 
-For a business, assessment and management of risks is the best way to prepare for 
even...
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CA RDA Law and Ethics Questions and Answers 100% Correct
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CA RDA Law and Ethics Questions and Answers 100% Correct 
 
 
CA RDA Law and Ethics Questions and Answers 100% Correct 
 
 
CA RDA Law and Ethics Questions and Answers 100% Correct 
Standard of care - ANSWER-Otherwise known as the customary standards and practice of the dental profession; a set of professional standards that are not in law or regulation but established by the professional within the profession such as code of ethics; the standard of care is often defined as what a reasonable per...
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