Nebraska Licensure Bundled Exams 2023/2024 with 100% correct answers graded A+

Before delivering a health insurance policy to a client, the producer alters the insuring clause in a way that he believes will benefit the insurance company. Which of the following statements is true about this alteration? It is prohibited by the entire contract provision Which organization...

An insured's health insurance policy pays a flat rate of $200 a month if she becomes disabled, regardless of her actual income. What kind of policy does she have? correct answersvalued policy The primary purpose of federal tax-favored health insurance plans is to: correct answersencourage people...

A broker who operates under a franchise name other than the personal or breakage firm name, when advertising: A. must include the brokerage firm name recorded with the Commission B. use only the franchise name in advertising C. May advertise in any manners long as the brokers personal name is use...

License correct answersThe permission granted by competent authority to exercise a certain privilege that, without such authorization, would constitute an illegal act, a Trespass or a TORT. The certificate or the document itself that confers permission to engage in otherwise proscribed conduct. T...

Restrictive Covenants correct answersprohibit all future owners from certain actions or modifications of their property and placed by private parties, consistency and desirability of a neighborhood Closing Disclosure, a statement of actual charges and adjustments, to the borrower by the lender co...

License law correct answersParticular state laws having to do with qualifications, licensing, and oversight of real estate or other professionals are known as______. These laws are passed by the state legislature Pre license education correct answersTo obtain a real estate salesperson"s license,...

Fee Simple Estate correct answersThe most complete and absolute ownership which is freely transferable, has an indefinite duration, and can be left to heirs is a(n) . Remainder Estate correct answersA life estate that goes to a named third party when the life tenant dies. Life Estate correct a...

Primary Law correct answersany person driving in Nebraska can be stopped and ticketed solely for this violation Secondary Law correct answersdrivers are cited for this violation only if stopped and ticketed for another violation Children up to age six must ride correctly secured in a federally...

What is Insurance? correct answersa contract in which 1 party (insurance company) agrees to indemnify (make whole) the insured party against loss, damage, or a liability arising from an unknown event. What is life insurance? correct answersa policy that protects survivors from losses suffered aft...

Adverse Selection correct answersInsuring of risks more prone to loss than the average Agent/Producer correct answerslegal representative of an insurance company Applicant/Proposed insured correct answersa person applying for insurance Hazard correct answersConditions that increase the prob...

Children under six years old are allowed to ride in the front passenger seat when: a. Child restraint seats cannot be installed in the back seats b. Back seats are already occupied by other children under 6 years old c. There is no rear seat d. All of the above correct answersd. All of the above...

tangible correct answerscan be seen intangible correct answerscannot be seen Freehold correct answersno designated end non-freehold correct answersend of interest is predetermined (as in a lease) associate broker correct answersone who has a Brokers license and is employed by another bro...

Neutralizer correct answersAll of the following products contain a strong alkali known as lye or sodium hydroxide except: Humectants correct answersSubstance in conditioners that help retain moisture Tinea Capitis correct answersScalp condition that results in dry brittle hair and red papules ...

Calories correct answersMeasurement of energy contained in food Public hygiene correct answersGood ventilation system and proper disinfection practices aid a cosmetologist in _______________ A good listener correct answersTo be a good communicator, you must also be a ____________ Sleep corr...