Fiduciary Study guides, Class notes & Summaries

Article 12-A of the NYS Real Property Law - Answer- - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer- - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Answer- - Obtained after you register for the New York State...

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 (Ans- 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...

First Class Trust Law Complete Notes detailing: Formalities; Public policy; certainty of intention; Certainty of subject matter; certainty of objects; The constitution of trusts; The beneficiary principle; Unincorporated associations; Charitable trusts; Trusts of the family home; The resulting trust; Fiduciary duties and associated remedies; Non-fiduciary duties; Remedies for breach of non-fiduciary duties; Dishonest assistance; Knowing receipt; and The variation of trusts.

Managing Fiduciary C Managing Fiduciary Concerns University Of Phoenix MPA/593: Public Administration Applied Project 03:11:00 GMT -05:00 Managing Fiduciary Concerns When managing fiduciary concerns within public administration, a few different techniques can be employed to achieve this goal. The first technique is budgetary analysis, requesting funding through the legislative process, then finally applying for grants. Budgetary analysis is often the first step that is taken when resolvi...

Complete Solutions Manual for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition 9e by Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese. ISBN-13: 3898 1 The Government and Not- for- Profit Environment 1 How Do Governments and Not- For- Profits Compare With Businesses? 2 In Practice: Why Is State And Local Government Accounting Important? 6 What Other Characteristics of Governments and Not- For- Profits Have Accounting Implications? 9 How Do Gove...

CTFA - Fiduciary & Trust Activities.

Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed Which of the following professional liability policies would also cover bodily injury damages? Architects and Engineers E&O Insurance agents E&O Lawyers E&O Fiduciary Legal Liability Architects and Engineers E&O A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is known as a/an: independent adjuster spe...

Fiduciary Standard - correct answer-A legal standard that holds a licensee to the highest ethical standards that the law provides. Compensation Disclosure - correct answer-Institute professionals required to "disclose services to be offered and provided, related charges, and compensation." This principle is intended to define an Institute professional's communication responsibilities relating to the scope and cost of services offered and compensation received therefor. Principle 2 requir...

Constructive Trusts : A fraud rectifying trust, imposed by a court to protect those who lose property to a wrongdoer Resulting Trust : An intent enforcing trust based upon the presumed intent of a transferor of property Implied Trust : An implied trust is an element of trust law, and refers to a trust that has not been "expressly created by the settlor."[1] There are two types of implied trust: Constructive Trusts and Resulting Trusts are always : Implied Trusts Can a minor hold ...

Mississippi Insurance Test Questions and Answers 100% Pass The Commissioner of Insurance in Mississippi is elected to office for a term of 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is $1000 A foreign insurer An insurer formed under the laws of any state other than Mississippi would be known as Each of the following...