Assumption clause - Study guides, Class notes & Summaries
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MD Insurance Exam – Life Questions and Answers 100% Pass
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MD Insurance Exam – Life Questions and Answers 100% Pass Accelrated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses 
Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies witht he policy description of accidental death 
Accumulation Period The time before an annuitant's retirement during which the annuitant is making 
Accidental Death Ins...
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2022-2023 Texas Adjuster Study Guide 367 QUESTIONS AND ANSWERS
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2022/2023 
Texas Adjuster Study Guide 367 QUESTIONS AND ANSWERS 
 
 
 
1.	PERILS: A CAUSE OF PROPERTY LOSSES UNDER AN INSURANCE CON- TRACT EX: WINDSTORM, HURRICANE, EXPLOSION, COLLAPSE OF BUILD- ING, VANDALISM, ACCIDENTAL DISCHARGE, AND THEFT 
2.	LAW OF LARGE NUMBERS: A FUNDAMENTAL CONCEPT IN STATISTICS 
AND PROBABILITY THAT DESCRIBES HOW THE AVERAGE OF A RANDOM- 
LY SELECTED LARGE SAMPLE FROM A POPULATION. IT BASICALLY RE- LIES ON THE PRINCIPLE THAT THE LARGER THE POOL, THE MORE PRE- DICTAB...
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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CPCU 530 Test Questions with Correct Answers
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CPCU 530 Test Questions 
with Correct Answers 
 
Bailor - Answer-The owner of the personal property in a bailment. 
Implied-in-law contract - Answer-An obligation that is not an actual contract but that is 
imposed by law because of the parties' conduct or some special relationship between 
them or because one of them would otherwise be unjustly enriched 
Implied-in-fact contract - Answer-A contract that is not express but that the parties 
presumably intended, either by tacit understanding or ...
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Promulgated Contract Forms Practice Test Questions With All Correct Answers
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Promulgated Contract Forms Practice Test Questions With All Correct Answers 
 
Elements of a Valid and Enforceable Contract - CORRECT ANSWERS 1. Competent Parties 
2. Offer and Acceptance (mutual consent) 
3. Legal Purpose 
4. In Writing 
5. Consideration 
 
Valid Contract - CORRECT ANSWERS A contract that meets all the requirements of law. 
 
Void Contract - CORRECT ANSWERS A contract having no legal force or binding effect...
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National USPAP Course Exam with 100% Correct Answers 2023
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National USPAP Course Exam 
The Appraisal Foundation has the authority to enforce the requirements of USPAP. - 
Correct answer-False 
Currently, the boards within the Appraisal Foundation include: - Correct answerAppraisal Standards Board, Appraisal Qualifications Board, Board of Trustees 
Which Foundation board is responsible for USPAP? - Correct answer-Appraisal 
Standards Board 
Qualification criteria for appraiser certification and recertification are disseminated to 
state appraisal boards ...
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CAIB 3 Practice Exam 2023 Questions and Answers
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What is the name given to the collection of written decisions? - Answer- Case Law 
 
Explain the concept of the Rule of Precedent. - Answer- Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. 
 
Explain the meaning of the term "damages". - Answer- Compensation in money for the loss or damage suffered. 
 
Compensatory damages for bodily injury are ...
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New York Life Insurance Questions and Answers Already Passed
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New York Life Insurance Questions and Answers Already Passed Accelerated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. 
Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. 
Accidental Death Insurance An insurance policy that provides payment if the insured's death is the result of an acc...
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FIN 3306: Exam 3 (Test Questions) guided with complete solution & verified answers 2024/25 update
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The element of an adjustable interest rate that is the "moving part" is the: 
A. Teaser rate 
B. Index 
C. Margin 
D. Adjustment period - correct answer B. Index 
Which of these aspects of a mortgage loan will be addressed in the note rather 
than in the mortgage? 
A. Late fee 
B. Escrow requirements 
C. Takings 
D. Acceleration 
E. Maintenance of property - correct answer A. late fee 
A lender may reserve the right to require prepayment of a loan at any time they 
see fit through a: 
A. T...
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Champions School of Real Estate - Real Estate Finance Latest Update Rated A+
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Champions School of Real Estate - Real 
Estate Finance Latest Update Rated A+ 
 
A loan unable to be sold to Fannie Mae or Freddie Mac (i.e. A sub-prime loan) Non- 
Conforming Loan 
 
VA Veteran's administration - assists veterans in the purchase of housing by guaranteeing 
loans) 
 
Seller's equity Cash price minus the loan balance 
 
A clause often found in a blanket loan allowing the borrower to obtain partial releases of specific 
lots by making required lump sum payments. Release Clause 
...
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