What make you a fiduciary Study guides, Class notes & Summaries

Florida Guardianship Chapter -ANSWER 744 Plenary Guardianship -ANSWER Total loss of rights of a person; Guardian can make all decisions regarding healthcare, and financial Incompetency was replaced by... -ANSWER Incapacity Qualifications to serve as a guardian.... -ANSWER 1- over the age of 18 2- no felony charges 3- not a service provider 4- never charged with abuse, abandonment, or neglect 5- not a creditor Qualifications Florida Statute -ANSWER 744.309 Criminal investigati...

California Real Estate Exam Questions and Answers Latest. 1 of 50 - Sal bought a personal residence for $150,000. He made $150,000 of improvements during the three years he lived in it before he sold it. He sold the home for $750,000 and paid $50,000 in selling expenses, including the broker's commission. On what amount will he pay capital gains tax? $150,000 You answered incorrectly Remember that there is a $250,000 exclusion on capital gains tax for the sale of an individual's perso...

Minnesota State Insurance Licensing ExamWhat is an agent? - correct answer Someone who acts on behalf of another (producer) What is a principal? - correct answer Party for whom action is taken (insurance company) What is an agency agreement? - correct answer Legal agreement that establishes the relationship between the principal and agent; outlines powers and responsibilities of agents. What is Express authority? - correct answer Powers given to agent as part of agency agreement(written...

DECA Hospitality And Tourism Exam Questions With Correct Answers An offer must be one party and accepted by the other party in order for a contract to be legally binding. When an agent legally acts in the best interests of his/ her client, the agent is establishing a(n) ______ relationship. Fiduciary. Which of the following is one of the rights of customers in the travel and tourism industry: To be informed about a destination's social conditions. Kathy's once-booming tradit...

What is an agent? - Someone who acts on behalf of another (producer) What is a principal? - Party for whom action is taken (insurance company) What is an agency agreement? - Legal agreement that establishes the relationship between the principal and agent; outlines powers and responsibilities of agents. What is Express authority? - Powers given to agent as part of agency agreement(written) What is implied authority? - Powers not given by the agency agreement, but necessary to complete the ...

Aceable Principles 1 combined Exam Questios with 100% Correct Answers BPO - answerbroker's price opinion. process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. Reasons for a BPO. 1. The people in the home have asked to refinance the home and the lender does not want to pay for a full appraisal, but they do want to have some assurance that the home is valued at or above what the loan will be. 2. The people in the house...

GOLD COAST REAL ESTATE EXAM Farming when a licensee focuses on one type or style of property or one particular neighborhood farm area target market; one of the best ways to succeed in real estate Areas of expert knowledge required for all real estate licensees 1. Property Transfer 2. Valuation and Market Conditions 3. Marketing (consider MLS; Multiple Listing Service) Residential Transaction F.S 475 The sale of any improved residential property of 4 units or fewer. Unimpr...

1. What are the 4 settings for prescriptive authority? Describe the requirements in each setting for physician supervision, # of NPs, chart review, and any other special requirements in that site. correct answer- 1. Medically Underserved 2. Physician Primary Site 3. Physician Alternate Site 4. Facility Based Practice Site. * General requirements per TBON rule 222.5: regular visits, chart review as determined by APRN & physician, periodic face to face meeting of APRN & physician to discuss pt...

Under the DOL regulation, many advisors to retirement plans and their participants will be Correct Answer 3(21) fiduciaries. They will act alongside other fiduciary service providers who are also not necessarily named in the plan document but who exercise discretionary control over plan provisions or plan investments. The advisor should educate the Correct Answer plan sponsor about hiring fiduciary service providers, including the different roles service providers, including the different rol...

What is the current state of the healthcare industry? correct answer: We grade it by four different criteria, health, quality, cost, and access What is the health of the U.S. like? correct answer: we have shorter life expectancies, higher rates of disease burden, and higher mortality rates than other high income countries. There is disparity of life expectancy across racial, ethnic groups, health statues, income levels, genders and age, but that may not be the healthcare system's fault. We...