General obligation bonds - Study guides, Class notes & Summaries

Management Analyst Exam Prep 90 Questions with Verified Answers Different authorities have conflicting views regarding delegation. However, there seems to be a general agreement that if chief executive A delegates a task to subordinate executive B, Executive B cannot in-turn delegate to junior executive C A. Within organizational policy, to prescribe the methods to be used in performing the task. B. Responsiblity for direct supervision of the task to be performed. C. The duty to insure t...

AFSB 151 Practice Exam Questions and Answers 2024 Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? -Answer-Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay - Answer-Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The con...

AFSB 151 PRACTICE EXAM REVIEW QUESTIONS & ANSWERS, VERIFIED/ Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? - -Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay - -Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The c...

AFSB 151 EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ fidelity bonds - -bonds that historically have guaranteed the performance of obligations that do not arise from contracts performance bonds - -a contract bond guaranteeing that a contractor's work will be completed according to plans and specifications payment bond - -a contract bond guaranteeing that the project will be free of liens public official bond - -a commercial surety bond guaranteeing that a public official will perform hi...

AAAE CM Exam with complete solutions The Airport Executive must balance these 2 conflicting philosophies - Answer ️️ -1. Airport is a Public Entity 2. Airport is a business enterprise and a place for commerce Sponsor vs. Manager - Answer ️️ -Sponsor-Policy establish policy set goals execute contracts Manager-Doer/worker Implement policy Run day to day airport enforces rules Airport Management Primary Duty is _______________ - Answer ️️ -Safe, Secure, Efficient Ops Part ...

ARE 5.0 PjM Questions and Answers with Verified Solutions Partnering A method of managing a project where various stakeholders in the project all participate in the decision making process What should a PM consider when selecting its internal team? The type and complexity of the project, the size of the project, staff availability, experience levels, billing rates, personalities What are the 2 methods of scheduling a project? Bar char or Gantt chart & critical path Most common m...

Surety bond ANSWER- A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Obligee ANSWER- The party to a surety bond that receives the surety's guarantee that the principal will fulfill an obligation or perform as promised. Principal ANSWER- The party to a surety bond whose obligation or performance the surety guarantees. Surety ANSWER- The party (usually an insurer) to a surety bond that guarantees to the oblige that...

AFSB 151 Practice Exam Questions Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? ANSWER- Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay ANSWER- Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The contract require...

AFSB 151 EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ fidelity bonds - -bonds that historically have guaranteed the performance of obligations that do not arise from contracts performance bonds - -a contract bond guaranteeing that a contractor's work will be completed according to plans and specifications payment bond - -a contract bond guaranteeing that the project will be free of liens public official bond - -a commercial surety bond guaranteeing that a public official will perform ...

Intergenerational Equity - Correct Answer-Balancing the needs of the young and old. Specifically, often referred to as the idea that U.S. government entitlements, such as Medicare and Social Security, "over-benefit" the elderly at the expense of other age groups. Key variable for length of time bonds are issued - Correct Answer-Life of asset financed Factors for revenue bond limits - Correct Answer-Ability and willingness to raise rates and to maintain market accepted debt service covera...