Customs broker bonds Study guides, Class notes & Summaries

A priori probability - Answer- A probability based on logical analysis rather than on observation or personal judgment. abnormal return - Answer- The amount by which a security's actual return differs from its expected return, given the security's risk and the market's return. absolute advantage - Answer- A country's ability to produce a good or service at a lower absolute cost than its trading partner. Absolute dispersion - Answer- The amount of variability present without comparis...

AFSB 153 Exam Questions With Correct Answers Customs Bond - answerguarantees that tariffs and duties will paid and that the principal will abide by customs laws and regulations What is another name for surety? - answerguarantor What does an investment grade determine for a principals credit rating? - answerinterest rate Broker - answermain point of contact for a principal in working with a surety they start the dialogue with the surety negotiate the rate and indemnity agreement collater...

WGU D189 Survey of PNW History Latest 2023 Graded A+ Northwest Passage Legendary waterway connecting the Atlantic to Pacific Ocean. In 1774 British offered reqard to discover it First encounters in the PNW Spanish, French, Russian & British in early 18th century. (Americans had minor role before 1800s) What did Natives trade fur for Copper, blades, other goods Captain James Cook British explorer who traveled to the pacific in 1778 and traded with natives for sea otter pelts in Nootka Sound L...

abatement of judgment - ANSWER-A document containing a condensation of the essential provisions of a court judgment. abatement of nuisance - ANSWER-The act of ending or terminating a nuisance; a type of legal action brought to end a nuisance. Ability/Capacity to Pay - ANSWER-The position of a borrower relative to repaying a loan, based on income and other assets. Absolute Fee-Simple Title - ANSWER-Title that is absolute and unqualified. It is the best title one can have. abstract of ...

Adjuster Pro - Florida Certified Adjuster Glossary| 260 QUESTIONS| 19 PAGES Adjuster Pro - Florida Certified Adjuster Glossary| 260 QUESTIONS| 19 PAGES Accumulated Depreciation Correct Answer: The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) Correct Answer: A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement c...

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©THEBRIGHTSTARS 2024 RIBO EXAM (practice online) Questions With Correct Answers. Risk - answerChance of Loss- where the object of insurance maybe exposed Peril - answerCause of loss (wind, fire, water) Indemnification - answerWhen insurer provides exact amount of loss, no more no less - provided in money or another item of similar value Covered losses - answerAccidental and future (not on purpose or in the past) Alternatives to payment - answerRepair or replacement three types of insur...