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A contract which may be terminated by the purchaser at any time prior to the death of the beneficiary with a refund of the moneys paid on the contract as prescribed by state law is a

Tangible items which are sold or offered for sale directly to the public for use during the funeral are called

Mr. Washington purchased a pre-need funeral contract fifteen years ago.  He is now planning for retirement and wants this item removed as an asset.  What does he need to do?

Which statement is true regarding the cooling off period?

Which term was defined as a person properly licensed, engaged in, conducting, or holding him/herself out to arrange and conduct services on behalf of the preparation and disposition of dead human remains?

Which items would be considered a funeral good?

A(n) ______________________ contract is one in which the services and merchandise are based upon present prices and the family will cover any cost exceeding this contract at the time of the funeral.

Mr. Franklin purchased a pre-need funeral contract in 2010.  In 2016 he experienced financial issues and had the contract canceled for a cash sum.  What type of funeral pre-need contract was this?

What is considered the Keystone of the Funeral Rule?

When selling guaranteed, revocable funeral contracts door to door the sales person is required to 1.  explain cancellation rights 2.  provide three copies of cancellation forms 3.  provide two copies of the contract or receipt 4.  provide two copies of cancellation forms 5.  provide a copy of contract or receipt