Statutes of fraud - Study guides, Class notes & Summaries

MRL3701 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 20 MAY 2024 (DETAILED ANSWERS WITH FOOTNOTES AND BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Question 1 1.1 When a debtor is sequestrated, a Master is appointed to administer the estate. Answer the following questions regarding the appointment of the Master: (5) (a) In terms of which piece of legislation is the Master appointed? [1] (b) What is the pivotal role and function of the Master? [2] (c) What is meant by sayi...

FRAUD AND FALSE STATEMENTS (18 USC Sections 1033 and 1034) correct answers Under federal statutes it is a felony for any insurance company officer or employee to engage in fraud, embezzlement, theft, or deceit in any insurance transaction. In addition to a $50,000 civil fine, such a person may be subject to imprisonment for up to 15 years. USA PATRIOT ACT - ANTI - MONEY LAUNDERING correct answers To make money laundering more difficult for criminals, the USA Patriot Act requires insurance com...

BUL 3310 Exam 1 FSU Bailey - Questions and Answers (Complete Solutions) Criminal and taxing statutes are strictly and narrowly construed True False If one obeys the law, one is not necessarily acting ethically because ethical standards of conduct and legal standards of conduct are identical. True False A person who violates a decree from a court of equity can be jailed for contempt of court. True False In a criminal case, the state has the burden to convince jurors of the defendant's guilt "...

What Act shaped how commercial insurance carriers approached the concepts of paying for medical care? - ANSWER-HMO Act of 1973 ACA - ANSWER-Affordable Care Act HMO (Health Maintenance Organization) - ANSWER-The organization is both the insurer and provider of a set of defined services. Patients within this network must use an in-network provider for their services to be covered. Capitation Payment - ANSWER-part of prospective payment in which healthcare providers receive fixed monthly p...

A commercial property was in foreclosure and after the sale, the mortgagee did not receive enough money to satisfy the note. Which of the following statements is true? - The lender can sue for a deficiency judgment against the borrower A borrower can be relieved of primary responsibility for a mortgage by finding a buyer who is willing to: - Assume the loan A broker and an owner discussed several types of listing agreements and decided upon an exclusive right to sell. The broker drafted th...

Loma 311 module 1 Exam Answers 100% Verified 2024 Constitution - Answer- One of the primary sources of law. The other three are statutes, administrative regulations, and treaties and international agreements. A constitution is a document or group of documents that set out the fundamental principles that determine the powers and duties of the government and the rights of the people. -meant to be relatively permanent and a primary source of law Branches of Government - Answer- Legislative, ...

NAB CORE EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES|ALREADY GRADED A+|BRAND NEW! The purpose of a corporate compliance plan is to :ANSWER1. reduce fraud and abuse and to establish internal controls for responsible organization conduct 2. avoid charges of price-fixing and the violation of federal antikickback statutes 3. identify the corrective steps necessary for the removal of quality indicator flags from a healthcare organization's profile 4. estab...

SC REAL ESTATE - STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Associated Licensee - -Licensee who is affiliated with a BIC Broker - -For a fee, salary, commission Negotiates, Auctioins, Solicits a referral, Offers advisory services, Offers to act as an agent, Advertises Broker-in-Charge - -Has responsibility over actions of all associated licensees and real estate trust accounts Client - -Person with whom a licensee has an established agency relationship Customer - -Pers...

Model Laws - ️️NAIC develops that they feel is an appropriate law related to insurance/risk management Conflict of Interest - ️️a situation that occurs when a decision makers personal interests interfere to the extent that he/she makes decisions that adversely affect the customer, claimant, or employer Four Parts of Negligence - ️️- a duty owed to protect (or not go out of your way to harm) another party. - a breach of that duty - damage or injury occurs, - the damage or injury ...

ATI LEADERSHIP EXAM QUESTIONS 100% SOLVED WITH COMPLETE SOLUTIONS 1. An employee in a provider's office suspects fraudulent activity. Which of the following actions should the employee take after contacting the Office of Inspector General (OIG) Hotline to report the fraudulent activity? (Select all that apply.) a. Stop filing the suspicious bills and claims. b. Pursue knowledgeable legal counsel. c. Follow up with the OIG to confirm receipt of the report. d. Disengage professionally wi...