TX Preneed Funeral Exam Review 2023 with 100% correct answers

Maximum about of prearranged funeral contract Unlimited (just needs to match the Goods & Services What is required of your supervisor? Neither years of experience or to be a legal reserve life agent What can cause an agent 's license to be revoked? If agent fails to renew the license What is included in agent's renewal? Completed application & Renewal Fee What does GPL stand for? General Price List What does GPL include? *Title in bold & all caps *Provider's name, Address & phone *Effective date *Seller's Permit is not required Does the Client need to return the GPL? No What is required of the GPL? Disclosures for the GPL must use the idéntical wording given in the FTC Funeral Rule. What does GPL must disclose about cremation? That there are alternative containers available for cremation How does the General Price List work? must price each ítem or Service separately For how Long GPL should be kept on file? For 1 year after distribution to a customer What can not be declined by the purchaser in the GPL? the Basic services Misrepresentation A false statement or lie that is unlawful & unethical hoping to induce that customer make a purchase unfair trade practices laws that prohibit wholesalers and retailers from selling below cost. Neglecting to share or omiting a material fact. Types of Authority Expressed (is written), implied (is unwritten), & apparent (obvious) What should be given to purchaser at time of sale? Facts of funeral pamphlet