Consumer Rights Study guides, Class notes & Summaries

Arkansas Life Insurance Graded A+ Adverse Selection Insuring of risks that are more prone to losses than the average risk. Death Benefit The amount paid upon the death of the insured in a life insurance policy. Insurance Policy A contract between a policyowner/insured and an insurance company which agrees to pay the insured or the beneficiary for loss caused by specific events. Insured Person covered by the insurance policy; may or may not be the policyowner Insurer (Principle) The c...

Abeka Economics Final Exam 2024 questions with complete solution Besides its utility, what else determines the value of a good by a consumer? ANS-scarcity What is basic component of capitalism besides limited government, freedom of enterprise, and competition? ANS-property rights When supply of good increases, what tends to decrease? ANS-equilibrium Which economic system bases production of goods on customs and habits? ANS-traditional Which economic system is regulated by the publi...

CIPP/C - Canadian Privacy Certification - Chapter 1 fully solved 2023 Canadian Legal System - correct answer Federal - Powers of the Constitution Trade and Commerce (privacy), Criminal law, banking, national defense. Provincial - Division of Powers Civil and Property Rights (privacy), hospitals, education, municipalities Territorial - Usually fall under federal - do have some public sector privacy laws Canadian Laws anchored in OECD Principles - correct answer Accountability Purpose ...

a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - Answer- D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - Answer- D.) All of these The least important factor affecting demand for real estate is: A.) P...

Successions with a Will - Who signs? No liquidator = all legatees W/ a liquidator = full admin liquidator or simple admin liquidator with authorization from legatees and legal heirs. Successions w/o a Will - Who signs? No liquidator = All legal heirs W/ a liquidator = liquidator authorized by legal heirs Successions - What documents do you need? During liquidation of the succession? -Declaration of transmission (w/ or w/o a Will) -If no Will and there's a liquidator, an Act of Nominati...

"Psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? a. Required disclosures b. Prohibited disclosures c. Permitted disclosures d. None of these - Answer- c. Permitted disclosures If there is a field in a promulgated form for which you have no information to include, your safest option is which of the following? a. Run a line through it b. Place "N/A" (not applicable) so it is clear that the buyer/buyer's ...

WGU C211 STUDY EXAM SET (GLOBAL ECONOMICS FOR MANAGERS) 2023- 2024 Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - CORRECT ANSWER-The new force view Economic gains come from international trade because one country's exported goods, services or other items are unique, valuable, and difficult to duplicate to importing country - CORRECT ANSWER-Resource-based view ...

What is professional collaboration? a process whereby healthcare professionals work together to improve patient care In collaboration, as a standard of professional performance, it requires the nurse to partner with all stakeholders including: the healthcare consumer and other professionals to advocate for positive patient outcomes and high quality care What is the ANA Scope & Standards #10 Collaboration? "The RN collaborates with the healthcare consumer and other key stakehold...

Chapter 1: Introduction to Business Law Chapter 1: Introduction to Business Law Relevant areas of business law applicable to human recourse management involve (4): 1. Agency law 2. Contracts 3. Employment and labor laws 4. Employment discrimination This type of law regulates disputes between private individuals or groups. (Ex: dispute between landlord and tenant governed by private law). Private law This type of law regulates disputes between private individuals and g...

Law of Contracts: Cumulative2023/2024 with correct answers abstract of title - CORRECT ANSWER an abbreviated history of a property, including info on any transfers, grants, wills, conveyances, liens, and encumbrances acceleration clause - CORRECT ANSWER clause in a security instrument (mortgage/deed of trust) which makes the entire loan amount due immediately upon default accession - CORRECT ANSWER refers to the acquisition of new land or real property by artificial or natural mea...