Regulatory Compliance

Lakukan tugas rumah & ujian kamu dengan baik sekarang menggunakan Quizwiz!

Which category of the General Price List includes the fee for arranging a funeral?

Use of facilities and staff for funeral ceremony

A document which defines the relationship of the government itself and of its citizen is

a constitution

A person receiving a gift of real estate in a will is

a devisee

The consideration of an insurance policy is

a premium

Match the term with the proper definition Testate

The condition of leaving a will at death

The means whereby one party conveys his rights in a contract to another who is not a party to the original contract is called

an assignment

An order, issued by a court, which can be either preliminary, temporary, or permanent ,which forbids or requires a specific performance is ___.

an injunction

Ethics is probably best defined:

as the discipline of dealing with moral duty and obligation

Quasi-property means ___ .

belongs to the land and not to a person

The right to declare dividends depends upon the discretion of the

board of directors

A principle owes which of the following duties to the agent?

compensation

The damages awarded an injured party in a contract in which the injured party is entitled to compensation for the exact amount of the loss are called

compensatory damages

Laws within the Penal Code that are violated are examples of

criminal law

When a person dies with a will and Probate approves the person in charge of settling the final affairs of the estate, the person receives

letters of testamentary

An agent owes which of the following duties to his principal?

loyalty and good faith

The person who signs a promissory note and is obligated to pay at maturity is called the

maker of the note

If a funeral home offers packages, must they be on the General Price List?

no

May a funeral home have a burial casket price list and a separate cremation casket and container price list?

no

Mr. Greenjeans makes a will which states that his estate will be divided equally only among the children who are alive when he dies. This type of distribution is called ___.

per capita

The method of dividing an intestate estate where a class or group of distributes take the share which their deceased should have been entitled to, and not as many individuals is distribution

per stirpes

The person protected by insurance against property loss or damage is the:

policy holder

Kohlberg's stage of moral development in which moral reasoning is based on reward and punishments from those in authority is the:

pre-conventional stage

Laws enacted by legislative bodies are

statutes

Ownership of corporate stocks is represented by

stock certificates

If a person considers universal moral principles to supercede the authority of the group, he or she is complying with which of Kohlberg's stages of moral development?

the post-conventional stage

To cancel or annul or void a contract is to

to rescind

A contract made by a legally declared insane person is

void

A court of original general jurisdiction is

a trial court

The failure to perform with the ability and care normally exercised by people in a profession is known as

malpractice

May a funeral home include visitation as part of its basic receiving of remains offering?

no

Failing to appear in a court when ordered by the court or a law enforcement officer will result __________ by the courts.

warrant

According to the Federal Trade Commission, may a funeral home list a separate fee on its GPL to conduct an identification prior to cremation?

yes

May a funeral home include just a portion of its basic service fee in its charges for direct cremation, immediate burial, forwarding or remains and receiving of remains?

yes

Which of these mandatory disclosure is written correctly?

Except in certain special cases, embalming is not required by law. Embalming may be necessary, however, if you select certain funeral arrangements, such as a funeral with viewing. If you do not want embalming, you usually have the right to choose an arrangement that does not require you to pay for it, such as direct cremation or immediate burial.

Which of these mandatory disclosures is written correctly?

Except in certain special cases, embalming is not required by law. Embalming may be necessary, however, if you select certain funeral arrangements, such as a funeral with viewing. If you do not want embalming, you usually have the right to choose an arrangement that does not require you to pay for it, such as direct cremation or immediate burial.

Match the term with the proper definition Intestate Succession

The condition under the law where an heir has rights to the property and assets of an estate in the event the decease fails to leave a will

A breach of contractual obligation other than money is

default

All of the following would be considered fiduciary components of pre-funded funeral arrangements EXCEPT:

maintaining the privacy and security of the arrangements

The person who signs the promissory note and is obligated to pay at maturity is called the

maker of the note

The Johnson Funeral Home offers video services: DVD Tribute, Video Recording of the funeral, audio recording of the funeral, and CD of the funeral service. Must these special services be listed on the GPL?

no

Is it a violation of the law for a funeral home to set a basic weight limit for Transfer of Remains to the Funeral Home on the GPL, and charge more per pound when that limit is exceeded?

no, it is not a violation of law

A contract in which two or more people individually agree to perform the same obligation is called a

several contract

A partnership in which one's partner's liability is limited to a capital contribution only is a

silent partnership

A contract in which undue influence was proven is considered

voidable

Are funeral homes permitted under the FTC Funeral Rule to package different items together at a discount as an incentive for consumers to purchase more?

yes

If a funeral director marks up cash advance items or receives a commissions, rebate or discount which is not passed on to the customer, is it a violation of the Funeral Rule to represent to the consumer that the charge represents the same amount that the funeral home paid for these items?

yes

If a funeral home marks up cash advance items or receives a commission, rebate or discount which is not passed on to the consumer, is it a violation of the Funeral Rule to represent to the consumer that the charge represents the same amount that the funeral home paid for these items?

yes

In calculating the discount for a package, does the Funeral Rule prohibit a funeral home from discounting the Basic Arrangements fee?

yes

Is it permissible on the Statement of Funeral Goods and Services Selected to simply indicate that a funeral home "may" markup cash advance items?

yes

A contract which is written so that either part may consider it as a joint obligation or a group of individual obligation is

a joint and several contract

A life insurance policy in which premium payments continue until death occurs is classified as:

a term policy

A contract which is based upon acts being done in consideration for a promise is called

a unilateral contract

Orders and decrees from governmental agencies which have the force of law is considered

administrative law

The contract between a principal and an agent creates a relationship called

agency


Set pelajaran terkait

HSC 216 Exam 2 practice questions

View Set

Chapter 1: Overview of Marketing

View Set

Concepts of care for patients with inflammatory intestinal conditions chapter 49

View Set