And no salvage value Study guides, Class notes & Summaries

Well-structured MAC3703 Assignment 2 (ANSWERS) Semester 2 2023 ()- DISTINCTION GUARANTEED (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1 (30 MARKS) Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for more than 20 years, ...

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 Tem...

Car Sales Test Colorado Questions and Answers The License of a motor vehicle salesperson or a power sports salesperson may be denied revoked, or suspended on any of the following grounds except: - ANSWER ️️ Advertising a salvage vehicle while identifying the vehicle as a salvage vehicle The advertise price of a motor vehicle must include: - ANSWER ️️ Answer- Finance Charge Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, it shall state...

PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass Applicant Age 18 years or older How long do you have to wait to be eligible to retake an examination if you fail? 30 days The Commissioner will prescribe the form of the appraiser's license and it will contain: Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary Experience and Fitness ...

Applicant Age - ANSWER-18 years or older How long do you have to wait to be eligible to retake an examination if you fail? - ANSWER-30 days The Commissioner will prescribe the form of the appraiser's license and it will contain: - ANSWER-Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary Experience and Fitness requirements for Licensing - ANSWER--A mi...

NC adjuster Exam Questions and Answers Already Passed Inception/Expiration Date The date on which coverage became effective or expired. Policies in North Carolina become effective and expire at 12:01am Occurrence Date The date on which the loss occurred Identification of Parties involve The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s) Policy form /Number Id...

PA Appraisal License 16-20 Auto Physical Damage Questions & Answers 2023 In PA, a consumer reporting agency may list all of the following information about a consumer EXCEPT: - Correct Answer-Medical Information The device that synchronizes the spark plug firing sequence is: - Correct AnswerCamshaft Sensor If an insured fail to report a claim in a timely fashion the adjuster will usually: - Correct Answer-Send the insured a reservation of rights letter When using a dedicated bench fixtur...

SECTION 1 1.The point of departure for every law student is an understanding of the concept of law. 1.1 Explain the difference between law and morality or religion (3) The Law is the system of legal rules recognised and enforced by the government to control human behaviour. It has the following characteristics: System of rules Intended to control human behaviour Should be recognised by the state Enforced by the state On the other hand morality or religion refers to the pri...

N.C. Claims Adjuster Exam Latest 2023 Rated A+ Inception/Expiration Date an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date Date of which the loss occurred Identification of parties involved The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s)....

Comprehended Intermediate Accounting II Units 4-6 Questions And Answers Equipment is placed in service on January 1. The cost of the equipment is $250,000 with a salvage value of $25,000 and an estimated useful life of five years. Which amount of annual depreciation expense should be recorded on December 31 of Year 2 under the sum-of-years'-digits method? - CORRECT ANSWER-$60,000 A company placed an asset into service on Day 1 of Year 1 with the following data related to the purchas...