Contractual discount - Study guides, Class notes & Summaries
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LML4807 EXAM PACK ANSWERS (2019 - 2014) AND 2020 BRIEF NOTES LML4807 BANKING LAW AND USAGE PAST EXAM PACK QUESTIONS AND ANSWERS (2019 – 2014) SUMMARISED NOTES 	2020	
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LML4807 EXAM PACK ANSWERS () AND 2020 BRIEF NOTES 
 
 
 
LML4807 BANKING LAW AND USAGE 
PAST EXAM PACK QUESTIONS AND ANSWERS 
(2019 – 2014) SUMMARISED NOTES 
 	2020	 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LML 4807 BANKING LAW EXAM MEMO 
 
 
1. Name and explain the roles of the various parties involved in documentary letters of credit. 
 
Depending on the circumstances a large number of different parties may be involved in a letter of credit. These include: 
 
-The applicant 
This is usual...
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Accident and Health Insurance Exam with complete solution
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H has suffered a covered disability away from her job and will shortly begin collecting benefits. The insurer sends a letter to H stating that she will not receive any benefit amounts greater than her income. This clause is known as: 
A: Over-insurance clause 
B: free look 
C: relation of earning to insurance 
D: relation of economic value - answer-C: relation of earning to insurance 
 
The insured should be aware of the issue date upon delivery a policy and the date should be listed on: 
A: the...
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MBA 5100 All studied chapters | Complete testbank 2023/24
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MBA 5100 All studied chapters | Complete testbank 2023/24 
 
(8-23)Current liabilities are 
 a. due but not receivable for more than one year. 
 b. due but not payable for more than one year. 
 c. due and receivable within one year. 
 d. due and payable within one year. - d. due and payable within one year. 
(8-24)A transaction that is likely to cause an increase in a current liability is: 
 a. payment of accrued wages. 
 b. accrual of interest expense. 
 c. depreciation of equipment. 
 d. accr...
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Champions Real Estate Finance Exam Questions and Answers 2023
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_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing 
 
The primary determinants of real estate values are supply and _____. - Answer- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral 
 
Servicing includes which of the following activities? - Answer- Maintaining records of payment 
 
The monet...
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Xcel solutions final exam Maryland Life and health questions and answers 100% pass
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Xcel solutions final exam Maryland Life and health questions and answers 100% pass 
What is normally the consequence for NOT obtaining preadmission certification prior to receiving inpatient medical care? A reduction in benefits 
A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a Risk retention group 
During the application process, a statement made by an applicant that becomes part of the contract is considered to be a(n) Warrant...
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FIN 537 Exam #1 Study Guide 2023-2024
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FIN 537 Exam #1 Study Guide 
banks commercial - ANSWER-highly regulated financial institutions that deal with 
money and provide financial services; 
- deal mostly with ______ banks that accept deposits and provide loans 
intermediaries asset transactions - ANSWER-Banks are ________ between borrowers 
and savers 
- provide ______ transformation 
- provide financial ________ services 
valuable transactions - ANSWER-In ancient times, wealth was stored in the form of 
something _______ such ...
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Champions real estate finance Exam Questions with Verified Answers
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mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors 
 
Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing 
 
Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk 
 
Origination - Answer- The process of creating a new mortgage loan 
 
U...
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CHFP RATIOS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
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CHFP RATIOS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 
Contractual Discount percentage 
Deductions from Gross Patient Service Revenue divided by Gross Patient Services Revenue. 
Markup 
Gross Patient Services Revenue + Other Operating Revenue dividende by operating expenses. 
Operating Margin 
Total operating revenue — Operating Expense divided by Total Operating Revenue. 
Non operating gains 
Non operating Gains divided by Net Income. 
Net Income 
Revenues - Expenses 
Report...
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Chfp Ratios Exam 204-2025 (100% pass)
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Chfp Ratios Exam 204-2025 (100% pass)...
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BA 303 - Chapter 16 Quiz 100% Correct
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BA 303 - Chapter 16 Quiz 100% Correct 
When the members of a marketing channel operate to satisfy their own objectives and 
maximize their own profits, often at the expense of the other members, the channel 
operates as 
a contractual vertical marketing system 
an independent marketing channel 
a corporate vertical marketing system 
an administered vertical marketing system 
a vertical marketing system - Correct Answer ️️ -an independent marketing channel. 
As the dominant member of the chan...
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Champions real estate finance Questions and Correct Answers Latest Update
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Champions real estate finance Questions and 
Correct Answers Latest Update 
_____ is the consummation of a contractual real estate transaction in which all appropriate documents 
are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer -Closing 
The primary determinants of real estate values are supply and _____. - Answer -Demand 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer -Collateral 
Servicing includes which of the foll...
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