Exclusive agency system Study guides, Class notes & Summaries

Indirect Loss correct answersA secondary loss that follows from a direct loss to insured property from a covered peril. Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. Exclusive Agency System correct answersAn insurance distribution system in which producers (agents) represent a single company. Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represe...

National Portion - Real Estate Exam Prep, 2023 With Complete Verified Solution. 270 Questions And Correct Answers agency a consensual fiduciary relationship authorizing a broker to act on the behalf of a client Fiduciary Relationship a relationship in which one party places special trust, confidence, and reliance in a trusted person Principal a person (client) who empowers another (agent) to act as his or her representative in a real estate transaction client those which have entered i...

EMT-B Midterm Chapters 1-23 Questions & Answers. An EMS provider who has extensive training in various aspects of advanced life support (ALS) is called: A. paramedic. B. advanced EMT (AEMT). C. EMT. D. EMR. If a defibrillator manufacturer claims that its device terminates ventricular fibrillation on the first shock 95% of the time, you should: A. avoid purchasing the device because this claim is unrealistic. B. recognize that this does not mean it will save more lives. C. purcha...

An agency relationship is determined by: a) the source of compensation b) how well the parties know each other c) agreement between the principal and the agent d) first substantive contract c) agreement between the principal and the agent Heat from outside air is utilized through a: se conditioner ve solar system pump air return c) heat pump An automatic renewal clause in a lease is. not allowed on rent-stabilized apartments granted every tenant in a building with f...

Molloy Humanistic Framework - Humanity, valuing, health, and environment all around nursing Humanity - A unique human being, functioning as an integrated whole, reflecting bio-psycho-social-cultural dimensions. Look at the whole person Environment - The sum total of all internal and external dimensions that influence human beings. Valuing - Holding in high esteem the inherent worth and dignity of all individuals. Health - The dynamic state of bio-psycho-social-cultural well-being. What ...

NFL Agent Exam 2023 With Complete Solution. NFL Player Contract - Correct Answer-A written agreement or series of such agreements executed at or about the same time between a person and an NFL Club pursuant to which such person is employed by such Club as a professional football player. Collective Bargaining Agreement (CBA) - Correct Answer-The union contract between the NFL Players Association and the NFL Management Council covering the terms and conditions of employment of all NFL playe...

Property & Casualty Virginia Latest Update Graded A+ stock insurance company owned by stockholders mutual insurance company owned by policyholders reciprocal insurance company group-owned insurer whose main activity is risk sharing lloyds of london not an insurance company, but consists of groups of underwriters who specializes in insuring a particular type of risk fraternal benefit societies social organizations that engage in charitable activities that provide life and heal...

CTR EXAM 4 QUESTIONS AND 100% CORRECT ANSWERS The operation to determine if 2 or more records submitted to the central registry are for the same pts Record linkage What type of budget costs are shared with several depts or with outside entities indirect mode most a temp storage space for potential cases & cases that have been partially abstracted suspense system list what type of data display best presents the proportion of the whole pie chart the best way to dis...

Real Estate final exam practice (Pearson VUE) Questions And Correct Answers fee simple most complete form of property ownership. also called fee absolute and indefeasible fee estate. owner may do what they want with property 1. In order for a tenant to claim relief for constructive eviction: the landlord must have intentionally withheld required repairs or maintenance A buyer purchases a furnished condominium apartment as an investment. The document that evidences the buyer's owners...

NFL Agent Exam 2023 With Complete Solution. NFL Player Contract - Correct Answer-A written agreement or series of such agreements executed at or about the same time between a person and an NFL Club pursuant to which such person is employed by such Club as a professional football player. Collective Bargaining Agreement (CBA) - Correct Answer-The union contract between the NFL Players Association and the NFL Management Council covering the terms and conditions of employment of all NFL playe...