Commingling of Study guides, Class notes & Summaries

A.) 18 months after completion, occupancy or purchase, whichever occurs latest correct answer: Per the occupational code, the builder is liable for his construction project up to A.) 18 months after completion, occupancy or purchase, whichever occurs latest B.) The final inspection C.) 1 year after the Certificate of Occupancy is issued D.) After final payment D.) Commingling correct answer: Combining money from several jobs to finish an existing job is an example of A.) Mon...

NJ Real Estate ExamBranch Office - correct answer broker's additional place of business commingling - correct answer mixing broker's money with that of others duplicate original - correct answer copy of a real estate contract with original signatures probation - correct answer least severe discipline by the real estate commission A licensed salesperson is allowed to - correct answer leave one broker and affiliate with another Under some circumstances, a real estate office may be...

1. Which law is the foundation of statistical prediction of loss upon which rates for insurance are calculated? A) Law of Group Evaluation B) Law of Large Numbers C) Law of Masses D) Law of Averages Answer : B) Law of Large Numbers 2. A producer who fails to segregate premium monies from his own personal funds is guilty of: A) Theft B) Commingling C) Larceny D) Embezzlement Answer : B) Commingling 3. In insurance, an offer is usually made when: A) The completed application is submit...

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 ...

NJ Real Estate Exam Questions with Correct Answers Branch Office - Answer-broker's additional place of business commingling - Answer-mixing broker's money with that of others duplicate original - Answer-copy of a real estate contract with original signatures probation - Answer-least severe discipline by the real estate commission A licensed salesperson is allowed to - Answer-leave one broker and affiliate with another Under some circumstances, a real estate office may be in th...

Wisconsin Accident and Health Insurance Exam Questions and Answers 100% Pass 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? R...

Which violation is likely to result in license revocation? correct answer: criminal actions How many members of TREC are licensed real estate brokers or affiliate brokers in Tennessee? correct answer: 7 What's the biggest security issue Tennessee licensees face when using social networking sites to market their listings? correct answer: Criminals may use social networking sites to identify properties that are vacant or have high-end possessions. Which of these transactions is exempt...

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...? Administrative Discipline To mingle or mix funds is known as what...? 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...? Commingling of Funds The post-license education required by salespe...

NJ Real Estate Exam Part 2 Question and answers 2023/2024 verified to passbroker's additional place of business - correct answer Branch Office mixing broker's money with that of others - correct answer commingling copy of a real estate contract with original signatures - correct answer duplicate original least severe discipline by the real estate commission - correct answer probation leave one broker and affiliate with another - correct answer A licensed salesperson is allowed to ...

Hawaii Real Estate Review Quiz 1 100% Correct Solved The ownership of a condo unit differs from that of an ownership in a co-op apt project in which of the following ways A) You can be deeded fee simple title on a condo unit B) THe owner of a co-op apt projects owns an undivided interst in the entire project C) Condo's are subject to subdivision laws D) They are identical - Correct Answer ️️ -A) You can be deeded fee simple title on a condo unit A licensed broker can establish his m...