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Pearson Vue State Health Insurance Practice Exam QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)

In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker - correct answer a. included in the listing agreement a lot measuring 110 feet wide by 140 feet deep has a required setback of...

pearson vue practice exam questions and answers 100% pass Which of the following sections of an insurance policy would explain the term "auto" ? A.Declarations A. Declarations B.Definitions B. Definitions C.Insuring agreement C. Insuring agreement D.Obligations of the insurance company D. Obligations of the insurance company - Correct Answer ️️ -B In an application for marine insurance, a yacht owner states that the yacht will only be sailed on inland waters. If the insured...

Pearson Vue Life + Health Insurance Practice Exam Questions And Correct Revised Answers P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: a: irrevocable beneficiary b: revocable beneficiary c: secondary beneficiary - ANSWER : B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A. inde...

B. Survivor protection, estate creation and conservation, cash accumulation and liquidity What are the personal uses of life insurance? A. Insured protection, estate creation and cash accumulation B. Survivor protection, estate creation and conservation, cash accumulation and liquidity C. Cash accumulation, estate depletion and liquidity D. Beneficiary protection, liquidity, estate creation, and cash accumulation D. Immediately after receiving written proof of loss Upon the submission...

Pearson Vue Life Insurance Practice Exam Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test

Ch 4 Pearson VUE Exam Questions and Answers 100% Pass 1. Mutual assent to a real estate contract is indicated by (page 98) A. attestation. B. offer and acceptance. C. acknowledgment. D. seals. - Answer- B ( This indicates a meeting of the minds.) 2. An example of an executory oral contract that is enforceable would be a (page 99) A. lease for six months starting in 6 months. B. sale of a lot for less than $500. C. lease for two weeks starting in 12 months. D. sale of drapes for $600....

Pearson Vue Life Insurance Practice Exam Questions and Answers 2024 Graded A P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Answer- B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.inve...

Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Correct Answer ️️ -B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contr...

In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement a lot measuring 110 feet wide by 140 feet deep has a required setback of 30 feet in front, 2...