Contract of good faith Samenvattingen, Aantekeningen en Examens
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CLC 059 Exam With Correct Questions & Answers
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Which of the following are key. recommended resources for subcontracting compliance management? ( Select three that apply.) - ANSWER "Small Business Administration (SBA) website 
 
Defense Contract Management Agency (DCMA) website 
 
Defense Federal Acquisition Regulation Supplement (DFARS) 
 
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Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. - ANSWER $1 million services contract awarded to anothe...
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UGBA 135 Midterm #1 Exam With 100% Correct Answers 2023
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UGBA 135 Midterm #1 Exam With 100% Correct Answers 2023 
21st Century Millionare 
- Someone who can financially take care of themselves without help from any government agency, living the life they want to lead 
- After working for 40 years, only 5% of people are financially independent (don't need government assistance) 
- Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means 
- People who succeed have goals 
 
 
D...
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PVL3702 NOTES
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LAW OF CONTRACT NOTES: 
Contract as an agreement intended to create enforceable obligations 
A contract is an agreement between two or more parties. 
The extra ingredient that distinguishes contracts from non-binding 
agreements is a serious intention to create legally enforceable obligations 
(animus contrahendi). 
The absence of an animus contrahendi explains why ‘gentlemen’s 
agreements’ are not enforceable as contracts. 
Legally binding agreements that are not contracts: 
The ...
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AINS 101 EXAM / 80+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+.
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AINS 101 EXAM / 80+ 
QUESTIONS AND VERIFIED 
ANSWERS 2023/2024 / 
GRADED A+. 
AINS 101 
1. The two main sectors of the insurance industry are: Property-casualty insurance and life-health insurance. 
2. Because insurance contracts impose an obligation for ethical practices and 
behaviors on the parties while dealing with one another, an insurance contract 
is called a: Contract of utmost good faith. 
3. Earned premiums are shown on an insurer's income statement because 
they are: Revenues 
4. De...
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COL3704 Assignment 3 (WRITTEN) Semester 1 2023 (800682)
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COL3704 Assignment 3 (WRITTEN) Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . 
SECTION A QUESTION 1 On 13 March 2023, Alvereen Leonard approached three different credit providers and applied for credit. First, she approached Easy Loans and applied for a R5 000 loan to pay her outstanding utility bills. Next, she approached a second-hand car dealer, Cars at Cost, and purchased a R10 000 car on credit. She then went to ...
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Property and Casualty Insurance - Final Exam Questions and Answers 2023
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Property and Casualty Insurance - Final Exam Questions and Answers 2023 
An unlicensed employee of an insurance agency may perform all of the following EXCEPT: 
A) Accept a claim form 
B) Type correspondence for a direct mail campaign 
C) Deposit properly endorsed checks into the agency's bank account 
•• D) Advise an insured of coverage issues 
 
 
 
A producer must notify the insurance division of an address change within: 
A) 10 days 
B) 20 days 
C) 25 days 
•• D) 30 days 
 
 
 
A Te...
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ADJUSTER PRO - INSURANCE ADJUSTER TEST(QUESTIONS AND REVIEWED ANSWERS) 2023-2024
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ADJUSTER PRO - INSURANCE 
ADJUSTER TEST(QUESTIONS AND 
REVIEWED ANSWERS) 2023-2024 
What is insurance? - CORRECT ANSWER-protection against financial loss 
what is a premium - CORRECT ANSWER-a scheduled amount to be paid for an 
insurance policy. 
What are premiums used for - CORRECT ANSWER-premiums are collected into a 
"pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - 
CORRECT ANSWER-the insurer collect...
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OPOTA CORRECTIONS SPO'S 2024 UPDATE P 78 QUESTIONS WITH VERIFIED SOLUTIONS.
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1.1 SPO #1 Relationship between a SPO and a test question 
A test question must respond directly to an SPO and every SPO may be the basis of a test question 
 
 
 
1.1 SPO #2 Reasons for Corrections Training 
Mandated by State Law 
To acquire new knowledge and skills 
To reduce errors and mistakes in performing critical tasks while protecting the public 
To standardize procedures 
To increase efficiency 
To build confidence and morale 
To promote safety and survival skills 
To reduce civil liabi...
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Kentucky Life Insurance Exam Questions With All Correct Answers
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Kentucky Life Insurance Exam Questions With All Correct Answers 
 
Elements of a Contract - CORRECT ANSWERS Competent parties, legal purpose, offer and acceptance, consideration 
Waiver - CORRECT ANSWERS Voluntary giving up of a known right or privilege, can be express or implied 
Estoppel - CORRECT ANSWERS A person is prohibited by virtue of his own past actions from claiming a right that would work to the detriment of another who relied on the...
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Alabama Property and Casualty Exam 2022/2023 with 100% correct answers
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If a company cancels an auto policy mid term, the refund will be made on 
 
a. pro rata basis 
b. short rate basis 
c. retroactive basis 
d. coinsurance basis 
Pro Rata Basis 
 
 
 
What is the term used to describe terminating the insurance relationship at the end of the policy period ? 
a. cancellation 
b. nonrenewal 
c. separation 
d. exclusion 
Nonrenewal 
 
 
 
Which is the best example of an indirect loss ? 
 
a. sequential loss 
b. liability loss 
c. employee theft 
d. loss of use 
Loss o...
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