False pretenses - Study guides, Class notes & Summaries

The practice of a lender not requiring a nontraditional loan borrower to thoroughly document income or assets is known as? correct answersLow-Doc or No-Doc Loans While a creditor/ broker does not have to advertise every single plan offered, it is unlawful to conceal what from consumers? correct answersMore consumer- friendly plans This type of notice is given to consumers who are not customers, in lieu of full initial notice, when the lender has no plans to Under ECOA share nonpublic perso...

An insurer's claim settlement practices are regulated by the a. SEC b. NACA c. NAIC d. State insurance departments - ans-State insurance deparments What is considered to be the primary reason for buying life insurance? a. Provide death benefits b. Provide money for retirement c. Provide living benefits d. Provide money for college - ans-provide death benefits Ken is a producer who has obtained Consumer Information Reports Under false pretenses. Under the Fair Credi...

NJ Health Insurance Exam (XCEL Solutions) Questions and Answers Graded A+ Why are dividends from a mutual insurer not subject to taxation? - Correct Answer ️️ - because dividends are considered to be a return of premium ABC insurance company transfers part of their risk to XYZ insurance company. This situation is called - Correct Answer ️️ -reinsurance A nonparticipating company is sometimes called a(n) - Correct Answer ️️ -stock insurer What is considered to be the primary r...

NJ Health Insurance Exam (XCEL Solutions) Questions and Answers Graded A+ Why are dividends from a mutual insurer not subject to taxation? - Correct Answer ️️ - because dividends are considered to be a return of premium ABC insurance company transfers part of their risk to XYZ insurance company. This situation is called - Correct Answer ️️ -reinsurance A nonparticipating company is sometimes called a(n) - Correct Answer ️️ -stock insurer What is considered to be the primary r...

New Jersey Accident and Health State Exam – Numbers Already Passed A 10% excise tax is normally applied to an early withdraw from an IRA. According to HIPAA, this tax will not be applied if the withdrawal is used for medical expenses that exceed _____ of the individual's adjusted gross income. 7.5% Nina just passed her New Jersey insurance licensing examination. She is REQUIRED to apply for a producer's license within _____ months. 12 Which of the following is present when an ap...

HIPAA EXAM QUESTIONS AND ANSWERS ALREADY PASSED What is a Covered Entity(CE)? •Any healthcare organization, including healthcare providers, healthcare plans, and public health authorities What does the term "PHI" stand for? •Protected Health Information A Facility is defined as : •Physical premises and interior or exterior of a building Software that is designed to cause damage is called: •Malicious Software Employees and contractors of the Army as well as Soldiers wit...

How much advance notice must consumer be given for a Investigative Consumer Report? - 3 days The insurer or reporting agency has ____ (time) to provide consumer with additional requested information regarding Investigative Consumer Report. - 5 days A person who knowingly and willfully obtains information on a consumer from a consumer reporting agency under false pretenses may also be fined and/or imprisoned for up to _____ (time) - 2 years Unknowingly violates the Fair Credit Reporting Act ...

NJ Health and Accident Exam| Questions and 100% Correct Answers 2024|2025 In what form do disability income policies typically pay benefits Correct Answer: Periodic income The Mandatory health policy provision states that the policy, including endorsements and attached papers, constitutes Correct Answer: The entire insurance contract between the parties The entire contract includes the actual policy and the Correct Answer: application employer sponsored group health insurance provide...

Certified Ethical Hacker Certification - CEH v10. Questions and Answers | Latest Version | 2024/2025 | Already Passed What is the purpose of the reconnaissance phase in ethical hacking? The reconnaissance phase is designed to gather as much information as possible about a target to identify potential attack vectors. What technique is commonly used to obtain sensitive information from a user by impersonating a legitimate source? Phishing is commonly used to obtain sensitive infor...

Life and Health Insurance Study Guide- ExamFX An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits What is the Federal Credit Reporting Act? - Establishes procedures that consumer-reporting agencies must follow in order to ensure that records are ...