Implied trust Study guides, Revision notes & Summaries

PRIMERICA LIFE INSURANCE EXAM. All Most Examined Questions Bank with answers. 100% verified. Rated A. An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - A. mutual funds not paid out after paying claims ...

Florida Health 240 Insurance Latest 2024 Already Passed Rules of Construction Help to identify and establish the intent of the parties to the contract Utmost good faith Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract A contract under which one party's performance is contingent on an uncertain event. property and casualty agent...

Advanced Empathy correct answers Used to go below the surface of a conversation Reflection of things not directly stated Includes reframing and interpretation confrontation correct answers Asking the client to see things differently Use it for the client's advantage Rogerian Counseling: Person-First Counseling correct answers Unconditional positive regard Be genuine Show empathy, warmth, and caring Be calm Therapeutic alliance/ dignity and respect Empathy Collaboration Positive...

Principal - Answer-the person (or entity) that has the real authority Agent - Answer-Person (or entity) that acts on the principals behalf The ABC's - Answer-Assent- an informal agreement between principal and agent Benefit- Agent's actions must be for benefit of the principal Control- Principal must have control over the agent's actions and power to supervise the agent's performance Scope - Answer-Principal Defines the scope of the agency relationship an agent may not act outside the ...

A buyers uses a buyers licensee to draft an offer. The WB-11 residential offer to purchase directs the buyer's licensee to make the earnest money check payable to the: A. Buyers firms trust account B: selling firms trust account C: sellers account D: Listing firms trust account : listing firms trust account Explanation: " Which of the following is the type of agency model where the firm represents just the seller in the transaction according to the terms of the listing contract? ...

CPEN Practice Questions & Rationales (Answered) Correctly To Score A+ An anxious adolescent presents with palpitations, a heart rate of 184 beats/min, and normal skin tone. Which of the following is the PRIORITY intervention? A. Obtain urine drug screen. B. Administer IV adenosine (Adenocard) rapidly. C. Instruct the patient to bear down. D. Provide comfort and reassurance. D. SVT is defined as heart rate >220 in infants and >180 in children. Thus putting the child in SVT. Search and...

Preneed Prep Exam Prep Questions With Complete Solutions Latest Updated 2024/2025 (100% CORRECT)Joint Memorandum - Who What When Why - Answer- Who: DOB, FSC, TDI What: A joint agreement that established specific area of responsibilities for prepaid funeral svc . When: 1995 Why : its creation was mandated by the Texas Civil Statutes What is a preneed Funeral contract - Answer- Any written contract of agreement, funded by an insurance policy, annuity contract or trust deposit, for the p...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - A. mutual funds not paid out after paying claims and other operating costs are returned to the policy owners in the form of a dividend. if all funds are paid ...

Preneed Exam Prep Questions With Complete Solutions Latest Updated 2024/2025 (100% CORRECT) Joint Memorandum - Who What When Why - Answer- Who: DOB, FSC, TDI What: A joint agreement that established specific area of responsibilities for prepaid funeral svc . When: 1995 Why : its creation was mandated by the Texas Civil Statutes What is a preneed Funeral contract - Answer- Any written contract of agreement, funded by an insurance policy, annuity contract or trust deposit, for the purpo...