Business law exam Study guides, Class notes & Summaries

REG Business Law Exam Questions & Answers 2024/2025 What is an agent? - ANSWERSanyone authorized to act on behalf of another person, and who has the power to legally bind the principal to contracts, or in some cases, torts. what does an agency require? - ANSWERSan agreement -not in writing unless MY LEGS, aka land/not accomplish in one year who is required to have capacity in a principal/agent relationship? - ANSWERSthe principal what is capacity? - ANSWERSthe competency to enter ...

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

Business Law Exam #1 Questions and Answers

Business Law Exam 1 chapters 1,2,3,4 questions well answeredLaws and regulations affect virtually ____ - correct answer all business activities Business Decisions are affected by: - correct answer Torts, Agency Law, Product Liability, Intellectual Property Rights, Negotiable Instruments, Creditors' Rights, Sales Law, Contracts, Procedural Law, Courts, Environmental Law, Business Organizations, Local Laws, State Laws, National Laws and many other potential legal factors. Sources of America...

LJU4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO WITH FOOTNOTES- DISTINCTION GUARANTEED!) QUESTION 1 Instructions: Read the set of facts and answer the questions that follow. Mr John Wick married Mrs Mary Wick in April 2003 while on vacation in Bridgetown, Barbados. At the time of entering into the marriage, John and Mary Wick were both domiciled in New York (United States of America), but were Irish citizens. A year prior to this marriage to Mary, John Wick obtain...

Business law exam with complete solutions

CSLB Law & Business Set 1 Exam Questions and Answers (Latest Update 2023) Verified Solutions

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam Process 2103 (d-i) - CORRECT ANSWER-1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sublicensee must be 18 years of age or older at the time of issuance of such licens...

NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers

AIDA 182 (Latest 2023/ 2024 Update) Risk and Insurance Analysis Techniques Exam | Questions and Verified Answers| 100% Correct| Grade A Q: What is true of diversifiable versus non-diversifiable risk? Answer: Diversifiable risks are not correlated and can be managed through diversification or spread of risk. Q: A company's fleet of cars is worrying the managers liquidity of the company and fuel prices having an adverse effect is which type of risk quadrant? Answer: Financia...