Fiduciary Study guides, Class notes & Summaries
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A.D. BANKER: LIFE & HEALTH - COMPREHENSIVE EXAM 2023 LATEST QUESTIONS AND ANSWERS VERIFIED
- Exam (elaborations) • 19 pages • 2023
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Legally speaking, a producer has a __________ duty when handling life insurance premiums and applications for an insurer. - ANSWER Fiduciary 
It is the _________ who issues a Certificate of Authority enabling an insurer to conduct insurance business within a particular state. - ANSWER State Insurance Commissioner 
When an applicant for life insurance faces potential financial loss in the event of injury or sickness of an insured, it is said the applicant has: - ANSWER Insurable in...
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Casualty Insurance Exam questions and answers graded A+ 2024
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Casualty Insurance Exam 
Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as - correct answer Coverage under the claims-made form 
 
According to the other insurance condition, which of the following are methods used to decide how the claim will be divided? - correct answer Contribution by equal shares or contribution with limits 
 
Which of the following limits of liability in a commercial general liability policy is t...
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CPFA License Exam- (Certified Plan Fiduciary Advisor) (Online Practice Questions) with correct Answers
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CPFA License Exam- (Certified Plan Fiduciary Advisor) (Online Practice Questions) with correct Answers
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ADJUSTER PRO EXAM WITH REVISED ANSWERS (2023)
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ADJUSTER PRO EXAM WITH REVISED 
ANSWERS (2023) 
Stu has a collection of rare comic books. He wants to purchase theft insurance for his 
collection, separate from his home and other property. What term most accurately 
describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline 
Policy 
Which of the following statements does NOT apply to the Standard Fire Policy? - 
CORRECT ANSWER-It automatically covers wind and vandalism. 
Which of the following refers to being restored to the ...
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Florida Real Estate Exam 2024 with 100% correct answers
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administrative law - correct answer -Body of law created by administrative agencies in the form of rules, regulations, orders, and decisions. 
 
agent - correct answer -A person entrusted with another's business; the person authorized by the principal to act on the principal's behalf. 
 
at arm's length - correct answer -People conduct negotiations on their own behalf without trusting the other's fairness or integrity and without being subject to the other's control or influence. 
 
caveat ...
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CTFA - Fiduciary & Trust Activities Questions with complete Answers 2023
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CTFA - Fiduciary & Trust Activities Questions with complete Answers 2023 
Constructive Trusts 
A fraud rectifying trust, imposed by a court to protect those who lose property to a wrongdoer 
 
 
 
Resulting Trust 
An intent enforcing trust based upon the presumed intent of a transferor of property 
 
 
 
Implied Trust 
An implied trust is an element of trust law, and refers to a trust that has not been "expressly created by the settlor."[1] There are two types of implied trust: 
 
 
 
Construc...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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CTFA - Fiduciary & Trust Activities Questions & Correct Answers | Latest Update |Already Graded A+
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Constructive Trusts 
: A fraud rectifying trust, imposed by a court to protect those who lose property to a 
wrongdoer 
Resulting Trust 
: An intent enforcing trust based upon the presumed intent of a transferor of 
property 
Implied Trust 
: An implied trust is an element of trust law, and refers to a trust that has not been 
"expressly created by the settlor."[1] There are two types of implied trust: 
Constructive Trusts and Resulting Trusts are always 
: Implied Trusts 
Can a minor hold ...
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California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%)
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California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%) 
California Legal Aspects of Real Estate Final 
Exam (Already Graded with a pass rate of 
97%) 
A promissory note is: 
a. evidence of the debt 
b. evidence of a sale 
c. a security interest in the property for the lender 
d. the same as a mortgage or trust deed 
a. evidence of the debt 
In order to be considered an emancipated minor and have the capacity to contract, 
a minor must: 
a. be married, widow...
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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed
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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed 
According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? - correct answer Two 
 
What type of residential real property transfer would require a property condition disclosure statement? - correct answer Re-sales 
 
What happens to the licenses of salespersons if their sponsoring broker's license is revoked or suspended? - correct answer They are suspended 
 
A...
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