Misrepresentation Study guides, Class notes & Summaries
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6. MISREPRESENTATION - SUMMARY LAW OF CONTRACT LAW OF CONTRACT (NATIONAL UNIVERSITY OF SINGAPORE)
- Summary • 47 pages • 2023
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6. MISREPRESENTATION - SUMMARY LAW OF CONTRACT 
 
 
LAW OF CONTRACT (NATIONAL UNIVERSITY OF SINGAPORE)
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Post 301--Broker Relationships and Responsibilities Questions With 100% Correct Answers.
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Material 
fact - About the property 
Related to the property 
Principal able to complete the transaction 
Special importance 
Disclosing material facts about a seller's property - To client or customer 
Even if it hurts your customer 
Regardless of how pubic the material fact is 
Listing agent has highest responsibility 
Buyer agent is responsible to disclose if known 
Answer questions to avoid misrepresentation 
Willful - intentional 
Negligent - Unintentional--failure to exercise reasonable c...
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Mississippi Life and Health Final Exam Actual Questions and Answers 2023 Complete
- Exam (elaborations) • 27 pages • 2023
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Mississippi Life and Health Final Exam Actual Questions and Answers 2023 Complete 
 
What kind of life insurance product covers children under their parent's policy? 
 
Family Maintenance rider 
Term rider 
Family Income rider 
Payor benefit 
Term Rider 
Under a trustee group life policy, who would be eligible for a certificate of coverage? 
 
Corporation 
Employee 
Employer 
Labor union 
employee 
A producer must report to the Commissioner of Insurance any administrative action or criminal cha...
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Florida Health 240 Insurance with 100% correct answers
- Exam (elaborations) • 22 pages • 2023
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Rules of Construction 
Help to identify and establish the intent of the parties to the contract 
 
 
 
Utmost good faith 
Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. 
 
 
 
Aleatory Contract 
A contract under which one party's performance is contingent on an uncertain event. 
 
 
 
property and casualty agent 
has the power to bind the insurer...
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Revision Guide for Contract Law
- Class notes • 42 pages • 2023
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Full revision guide of contract law covering the following topics in depth: 
-offer 
-acceptance 
-certainty 
-consideration 
-promissory estoppel 
-contractual terms 
-unfair contract terms 
-mistake and agreement mistake 
-misrepresentation 
-misrepresentation remedies 
-illegality and public policy 
-duress 
-undue influence and unconscionability 
-frustration 
-discharge of contracts 
-anticipatory breach 
-remedies 
-restitution.
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Alabama Property and Casualty Exam 2022/2023 with 100% correct answers
- Exam (elaborations) • 18 pages • 2022
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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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ALPHA PHI ALPHA RISK MANAGEMENT EXAM / 70+ QUESTIONS AND CORRECT ANSWERS 2023/2024 /GRADED A+ LATEST UPDATE.
- Exam (elaborations) • 12 pages • 2023
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ALPHA PHI ALPHA RISK 
MANAGEMENT EXAM / 70+ 
QUESTIONS AND CORRECT 
ANSWERS 2023/2024 /GRADED 
A+ LATEST UPDATE. 
Alpha Phi Alpha risk management 
2023 
1. The policy that governs expectations regarding behavior is the: Personal 
conduct policy 
2. An effective risk management policy has three components.: Personal Responsibility, Education, Prevention 
3. The guidelines regarding the use of communications tools are contained in 
the.: Electronic Media Usage Policy 
4. Who is responsible for imp...
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PVL3704 PORTFOLIO MEMO - MAY/JUNE 2022 - SEMESTER 1
- Exam (elaborations) • 17 pages • 2022
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PVL3704 PORTFOLIO MEMO - MAY/JUNE 2022 - SEMESTER 1 
 
QUESTION 1 
 
Discuss the requirement that the defendant must have been enriched. (10) 
 
QUESTION 2 
 
In McCarthy Retail Ltd v Shortdistance Carriers CC 2001 (3) SA 482 (SCA) para [9] the court said: “We now know from the hard print that there is a common-law basis for the acceptance of a general enrichment action, at least one of a subsidiary nature. In this respe...
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ALPHA PHI ALPHA RISK MANAGEMENT EXAM / 70+ QUESTIONS AND CORRECT ANSWERS 2023/2024 /GRADED A+ LATEST UPDATE.
- Exam (elaborations) • 12 pages • 2023
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ALPHA PHI ALPHA RISK 
MANAGEMENT EXAM / 70+ 
QUESTIONS AND CORRECT 
ANSWERS 2023/2024 /GRADED 
A+ LATEST UPDATE. 
Alpha Phi Alpha risk management 
2023 
1. The policy that governs expectations regarding behavior is the: Personal 
conduct policy 
2. An effective risk management policy has three components.: Personal Responsibility, Education, Prevention 
3. The guidelines regarding the use of communications tools are contained in 
the.: Electronic Media Usage Policy 
4. Who is responsible for imp...
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2022-2023 Texas Adjuster Study Guide 367 QUESTIONS AND ANSWERS
- Exam (elaborations) • 44 pages • 2022
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2022/2023 
Texas Adjuster Study Guide 367 QUESTIONS AND ANSWERS 
 
 
 
1.	PERILS: A CAUSE OF PROPERTY LOSSES UNDER AN INSURANCE CON- TRACT EX: WINDSTORM, HURRICANE, EXPLOSION, COLLAPSE OF BUILD- ING, VANDALISM, ACCIDENTAL DISCHARGE, AND THEFT 
2.	LAW OF LARGE NUMBERS: A FUNDAMENTAL CONCEPT IN STATISTICS 
AND PROBABILITY THAT DESCRIBES HOW THE AVERAGE OF A RANDOM- 
LY SELECTED LARGE SAMPLE FROM A POPULATION. IT BASICALLY RE- LIES ON THE PRINCIPLE THAT THE LARGER THE POOL, THE MORE PRE- DICTAB...
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