Afsb 152 - Study guides, Class notes & Summaries

AFSB 152 EXAM WITH REAL 1200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+

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Hadley Construction operates as a general building contractor. General building contractors engage in general building construction, which can be broken down into Commercial, industrial, residential, and public work. Which one of the following describes what happens if there are gaps or omissions in the construction plans and specifications when they are offered in the competitive bid process, and they are discovered after the construction begins? The project owner must pay additional money...

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AFSB 152 Practice Exam Part A & Part B: Qs And As

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AFSB 152 Exam Questions and Answers 100% Solved What does the premium to surplus ratio indicate? ️️o Can show how much the capacity has to withstand underwriting miscalculations o More premiums written, the higher the ratio, and more cause for concern o Underwriting/investment losses cause a decrease in policyholders' surplus, and causes increase in ratio Suretyship ️️An obligation to pay the debts of, or answer for the default or miscarriage of another Benefits to Project ...

AFSB 152 Exam Questions and Answers 100% Solved The tender preparation stage of estimating begins after... ️️the architect and owner solicit bids, when the contractors begin their estimating processes To find clarity on payment bond terms, you can... ️️consult the applicable and relatively stable case law that does define the terms A surety needs additional information, such as _____________, to adequately evaluate the workbacklog risk of granting this bond ️️the contractor...

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