LAWS- PRENNED EXAM WITH CORRECT
ACTUAL QUESTIONS MERGED WITH
CORRECT COMPLETE SOLUTIONS ||
ALREADY GRADED A+ || 2026-2027 LATEST
UPDATE!!!
Can a licensee solicit any preneed through in-person communication,
his agents, assistants, or employees? - ANSWER-No
Who initiates the discussion of preneed? - ANSWER-The contract
buyer or interested consumer
How long shall the contracts and reporting documents be retained on
the premises for? - ANSWER-1 year after the death of the contract
beneficiary
What type of order do all preneed contracts have to be in? - ANSWER-
Chronological or alphabetical
What information MUST be included with each preneed contract
record? - ANSWER-Name of contract buyer, name of contract
beneficiary, date of contract, how the contract was funded, whether
up to 10% of funds are retained by the contract provider for contracts
, funded through trust, whether funeral goods and supplies are stored
for the contract buyer.
What items must the contract contain? - ANSWER-The date of the
contract, whether or not the price of the supplies and services
purchased is guaranteed, the appointee agreement when applicable
and signatures of the contract seller and the contract buyer.
What does the funeral director need to give each person who inquires
about a preneed arrangement? - ANSWER-GPL and preneed disclosure
questions and answers.
What does the funeral director need to give each person who makes a
preneed arrangement? - ANSWER-A copy of the preneed contract, a
funding contract, and an itemized statement of funeral goods.
Can a licensee charge finance charges on a preneed arrangement? -
ANSWER-No
When can a person who makes payment under the contract terminate
the agreement? - ANSWER-Anytime, prior to the time for which the
services or supplies are furnished.
How long does the buyer have to terminate the contract in order to
receive a full refund? - ANSWER-30 days
If the contract buyer terminates the contract within 30 days of the
execution of the contract, the contract buyer shall be refunded
_________. - ANSWER-All consideration paid or delivered and any
interest or income accrued on it.
If the contract buyer uses a revocable trust as the funding source and
terminates the contract after 30 days of the execution of the contract,