Commingling of Study guides, Class notes & Summaries

1. To be licensed as a real estate broker, an individual must be at least how old? a. 16 b. 18 c. 20 d. 21 CORRECT ANSWER c. 20 2. Which of the following individuals is exempt from licensure? a. attorneys admitted to practice in the New York courts b. property managers who manage property for more than one individual or company c. individuals who only list property for sale d. auctioneers who only auction commercial real estate CORRECT ANSWER a. attorneys admitted to pract...

Which of the following would NOT be a violation of the Georgia License Law? A) Falsifying a document used in a real estate transaction B) Failing to advise your broker in writing when buying or selling property for yourself C) Failure to give a copy of a signed offer to the purchaser D) Failure to put a street adress in a legal description - ANSWER D) Failure to put a street adress in a legal description A broker was found guilty of commingling. The Real Estate Commission shall have the...

The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? - correct answer Administrative Discipline To mingle or mix funds is known as what...? - correct answer Commingling Chris is a real estate broker involved in a residential transaction. When Chris illegally places his client's funds into his personal account, what is he engaged in...? - correct answer Commingling of Funds The ...

FNS206 Chapters 4-6to be knowledgeable and current regarding all laws and regulations - correct answer What is the most important thing for funeral directors to know when it comes to the final disposition of cremated remains? Commingling of cremated remains - correct answer What is a challenge faced by funeral homes and crematory operators when it comes to cremated remains? be certain the law in your service area deems this process acceptable, and always complete a commingling authoriz...

TN State Exam Practice 1 Questions and Answers Already Passed In Tennessee, what's the minimum age to earn a real estate license? 16 18 21 25 18 Which of the following is the most accurate definition of the word "creed"? A disability A national culture A set of beliefs A system of racial categorization A set of beliefs TREC and any committee created under TREC is entitled to whose legal services? The district attorney of the county in which TREC operates The ...

Dividends from a stock company are normally sent to: Beneficiaries Shareholders Policy holders Insureds - Shareholders Which of the following financial products creates an instant estate, no matter when the date of death? Mutual funds Life insurance Certificate of deposit Deferred annuity - Life insurance Which of the following outlines the authority given to the producer on behalf of the insurer? Rebating arrangement Commingling contract Controlled business clause Producer contrac...

CFP Exam 2020 Questions & Answers CFP Standards of Conduct Sections (6) - ANSWERSA. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct - ANSWERSDuties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Disclose and Manage Conflicts of Interest ...

FNS206 Chapters 4 Question and answers rated A+ FNS206 Chapters 4-6 to be knowledgeable and current regarding all laws and regulations - correct answer What is the most important thing for funeral directors to know when it comes to the final disposition of cremated remains? Commingling of cremated remains - correct answer What is a challenge faced by funeral homes and crematory operators when it comes to cremated remains? be certain the law in your service area deems this process ac...

Which of the following is NOT an example of a producer's breach of contract under fiduciary duty? Misappropriation of premiums commingling premiums improper withholding of premiums allowing premiums to be submitted electronically - correct answer allowing premiums to be submitted electronically Nevada Requires that coverage for newborns begins "from the moment of birth" and a premium must be paid within: 31 days 90 days 6 months 12 months - correct answer 31 days A foreign i...

CFP Standards of Conduct Sections (6) CORRECT ANSWER A. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct CORRECT ANSWER Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Disclose and Manage Conflicts of Interest 6. Sound and Objective Prof...