Afsb 153 - Study guides, Class notes & Summaries
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AFSB 153 Sample Exam Questions with 100% Correct Answers | Latest Update 2024 | Verified
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AFSB 153 Sample Exam Questions with 100% Correct Answers | Latest Update 2024 | Verified
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AFSB 153 Sample Exam Questions With 100% Correct Answers 2023
AFSB 153 Exam Questions With 100% Correct Answers 2023
AFSB 153 - Practice Exam Questions with 100% Correct Answers 2023

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AFSB 153 Sample Exam | 80 Questions with 100% Correct Answers | Updated & Verified | 27 Pages
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The surety relationship includes all of the following parties, EXCEPT: 
a. Surety 
b. Fiduciary 
c. Obligee 
d. Principal - b. Fiduciary 
All of the following are recognized bond terms, EXCEPT: 
a. Noncancelable (open term) 
b. Definite term 
c. Continuous term 
d. Revolving term - d. Revolving term 
In addition to assisting bond applicants to complete applications and indemnity agreements, 
some surety producers 
a. Investigate commercial surety bond losses. 
b. Design commercial surety bond fo...
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AFSB 153 - Practice Exam Questions | 84 Questions with 100% Correct Answers | Verified
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Which one of these is a reason that sureties face significant hazards on reclamation, mining, and 
removal bonds? - long-tail liability 
Which one of these statements about handling reclamation, mining, and removal bond claims is 
true? - Courts seldom rule in favor of sureties. 
Which one of these is the second phase of the reclamation process? - Revegetation 
Which one of these statements about surface or strip mining bonds is true? - The mining 
permit process is time consuming and expensive....
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AFSB 153 Sample Exam
- Exam (elaborations) • 27 pages • 2024
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AFSB 153 Sample Exam 
 
The surety relationship includes all of the following parties, EXCEPT: 
a. Surety 
b. Fiduciary 
c. Obligee 
d. Principal - b. Fiduciary 
 
All of the following are recognized bond terms, EXCEPT: 
a. Noncancelable (open term) 
b. Definite term 
c. Continuous term 
d. Revolving term - d. Revolving term 
 
In addition to assisting bond applicants to complete applications and indemnity agreements, 
some surety producers 
a. Investigate commercial surety bond losses. 
b. Desi...
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AFSB 151/AFSB 152/AFSB 153 Exam Bundle (Graded A)
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AFSB 151 Final Exam 2023 with complete solutions
AFSB 151 Practice Exam Questions and Answers 2023
AFSB 151 Practice Exam Questions and Answers 2023
AFSB 151 Practice Exam with complete solutions
AFSB 151 1: Principles of Suretyship Exam Questions and Answers
AFSB 152 Practice Exam Part A Questions and Answers
AFSB 153 Sample Exam with correct Ans

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AFSB 153 Sample Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS
- Exam (elaborations) • 29 pages • 2024
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AFSB 153 Sample Exam | 
Questions and Correct 
Answers | Latest Update 
2024/2025 | 100% PASS 
The surety relationship includes all of the following parties, EXCEPT: 
a. Surety 
b. Fiduciary 
c. Obligee 
d. Principal - Answer -b. Fiduciary 
All of the following are recognized bond terms, EXCEPT: 
a. Noncancelable (open term) 
b. Definite term 
c. Continuous term 
d. Revolving term - Answer -d. Revolving term 
In addition to assisting bond applicants to complete applications and 
indemnity agreem...
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AFSB 153 Sample Exam with correct Answers 2024
- Exam (elaborations) • 22 pages • 2023
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AFSB 153 Sample Exam with correct Answers 2024 
The surety relationship includes all of the following parties, EXCEPT: 
a. Surety 
b. Fiduciary 
c. Obligee 
d. Principal - ANS ️️ b. Fiduciary 
All of the following are recognized bond terms, EXCEPT: 
a. Noncancelable (open term) 
b. Definite term 
c. Continuous term 
d. Revolving term - ANS ️️ d. Revolving term 
In addition to assisting bond applicants to complete applications and indemnity 
agreements, some surety producers 
a. Investiga...
-
AFSB 153 - Practice Exam Questions
- Exam (elaborations) • 13 pages • 2024
-
- $9.99
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AFSB 153 - Practice Exam Questions 
 
Which one of these is a reason that sureties face significant hazards on reclamation, mining, and 
removal bonds? - long-tail liability 
 
Which one of these statements about handling reclamation, mining, and removal bond claims is 
true? - Courts seldom rule in favor of sureties. 
 
Which one of these is the second phase of the reclamation process? - Revegetation 
 
Which one of these statements about surface or strip mining bonds is true? - The mining 
per...
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AFSB 153 Sample Exam Questions With 100% Correct Answers 2023
- Exam (elaborations) • 14 pages • 2023
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AFSB 153 Sample Exam Questions With 100% Correct Answers 2023
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