Funeral Arts National Board Exam | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024

1. A will is an instrument for the ordered disposition of real and personal property that is to take effect upon death. Which of the following is a requirement for a will to take effect? - The deceased was of legal age. 2. The Funeral Rule, which is enforced by the Federal Trade Commission (FTC), has many provisions. These include mandated disclosures and restrictive actions. At the very start of a face- to-face discussion with the public regarding the selection of funeral goods or services and/or the prices of them, the funeral director is required to give the consumer: - The GPL for retention, and the casket and vault price list for reference only 3. The person with the authority and duty of final disposition who may or may not have "actual" custody (physical possession) of the deceased at a particular moment is considered to have what kind of custody? - Constructive 4. An insolvent estate is an estate of a deceased person whose assets are insufficient to pay the estate's debts, taxes, and administrative expenses. It is the state statute that controls the priority of these claims. In most states, though, the priority of claims—from top priority to lowest—is ordered as follows: - Funeral expenses, administration expenses, and taxes d. Administration expenses, funeral expenses, and taxes 5. A federal government agency created to promote consumer protection, encourage free and fair competition, and prevent what regulators determine to be anti-competitive business practices is called: - FTC 6. A wrongful act by a person for which damages can be sought by the injured party through a civil lawsuit is called a: - Tort