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Legal Concepts for Insurance Agents!
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Question 1 of 35
1. Question
Which of the following describes the power of the states?
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Question 2 of 35
2. Question
Which of the following is not a part of the federal court system
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Question 3 of 35
3. Question
Which of the following is NOT one of the most common actions that generate torts?
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Question 4 of 35
4. Question
Torts that involve actions against third persons or their property are know as which of the following types of torts?
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Question 5 of 35
5. Question
Negligence laws do which of the following?
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Question 6 of 35
6. Question
Contract liability arises from which of the following?
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Question 7 of 35
7. Question
An agreement between two individuals that is enforceable by law is known as which of the following?
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Question 8 of 35
8. Question
A rescission period allows an individual to do which of the following?
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Question 9 of 35
9. Question
A consumer claim is made under which of the following circumstances?
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Question 10 of 35
10. Question
At any point during the claims process, the process can be ended by which of the following?
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Question 11 of 35
11. Question
When attempting to collect on a debt, the individual owed money is legally allowed to do which of the following?
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Question 12 of 35
12. Question
Which of the following is true of marriage laws in the United States?
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Question 13 of 35
13. Question
Which states generally keep a couple’s properties and debts separate from one another?
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Question 14 of 35
14. Question
A marriage can be annulled for which of the following reasons?
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Question 15 of 35
15. Question
Which of the following describes the downside of summary divorce?
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Question 16 of 35
16. Question
Alimony is intended to support which of the following?
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Question 17 of 35
17. Question
Community property ownership is shared between which of the following?
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Question 18 of 35
18. Question
When moving from a community property state to a common law state, what happens to community property?
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Question 19 of 35
19. Question
In order for an owner of community property to gift or sell the property, he or she must first get which of the following?
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Question 20 of 35
20. Question
Which of the following is true of inheritance laws in the United States?
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Question 21 of 35
21. Question
A person designated by a will to be in charge of the estate is known as which of the following?
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Question 22 of 35
22. Question
Which of the following accurately describes a trust?
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Question 23 of 35
23. Question
What is the typical relationship between the corpus of a trust and the grantor of a trust?
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Question 24 of 35
24. Question
An agency can be created in which way(s)?
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Question 25 of 35
25. Question
In addition to agent duties, agents also typically have which of the following?
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Question 26 of 35
26. Question
It is a good idea to always consult with an attorney before doing which of the following?
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Question 27 of 35
27. Question
Which of the following is an example of real, tangible property?
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Question 28 of 35
28. Question
Which of the following is true of ownership?
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Question 29 of 35
29. Question
A partnership is which of the following?
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Question 30 of 35
30. Question
Which of the following accurately describes a corporation?
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Question 31 of 35
31. Question
Which of the following is an example of real property?
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Question 32 of 35
32. Question
Which of the following is an example of voluntary real property title transfer?
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Question 33 of 35
33. Question
A contract between a landlord and a tenant is known as which of the following?
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Question 34 of 35
34. Question
In general, which party in a lessor/lessee relationship is liable for injuries that take place on the property?
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Question 35 of 35
35. Question
What type of insurance is mandatory in most states?
