Property practice exam - Study guides, Class notes & Summaries

Michigan Builders License Exam Study Guide Rated A+ What is the first offense penalty for engaging in the practice of residential building without a license? Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. What is the penalty for engaging in the practice of residential builders license, resulting in a death? Not less than $5,000 and not more than $25,000 and/or four years in prison On your individual ...

Property & Casualty Practice Exam: Commercial Lines Who is responsible for damage to improvements in a leased building? A) Tenant B) Building owner C) Improvements to a leased building are not covered D) Both the tenant and the building owner - correct answer B Equipment Breakdown insurance covers all of the following, EXCEPT: A) Equipment powered by internal pressure B) Mechanical equipment used to produce energy C) Tools subject to regular replacement D) Communications equipment - ...

NC Post Licensing 301 Practice Exam Actual Questions with Verified Answers, 100% Guarantee Pass 1/50 Under which of the following circumstances would the client and agent most likely mutually agree to terminate a listing? a A buyer approached the seller with a much higher offer than the current listing price. b The agent and client don't agree on the best way to price, maintain, and market the property. c The client has found a buyer and wants to avoid paying a commission. d The client'...

When can a person who sells real property require the use of a specific insurance agent, broker or solicitor? 1. As a condition precent to the sale of such real property. 2. When a buyer's credit score is below the lender's threshold. 3. A buyer is always able to choose their own insurance representative. 4. When it is required by local municipal regulation. - ANSWER A buyer is always able to choose their own insurance representative. Unless otherwise specified in the insuranc...

Property and Casualty Part 6 (Commercial Lines) Practice Exam Questions Already Graded and Passed.

LA CLAIMS ADJUSTER PROPERTY AND CAUSALITY PRACTICE EXAM 2

PSI CA Property and Casualty Practice Examination Questions and answers, 100% Accurate, rated A 1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - -The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT - -EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be sp...

California Property and Causality Practice Exam With 100% Correct Answers 2024

CNO Jurisprudence Exam Questions and Answers, Latest Updated 2024/2025 (GRADED) What does the CNO jurisprudence exam assess assesses an applicant's knowledge and understanding of the laws, regulations, by-laws, practice standards and guidelines that govern the nursing profession in Ontario. how is the examination completed -how long are the results valid for The examination is completed online through a secure website that can only be accessed by applicants to the College. -Examination re...

BEFO Final Exam June 2024 with 100% Correct Answers Which of the following contributes to the type of respiratory diseases for which firfighters are at risk? A. Heat Stress B. Psychological Stress C. Exposure to smoke and chemicals D. Exposure to long, irregular work hours -Answer-C. Exposure to smoke and chemicals The concept of risk management is based on an assessment of benefits gained compared to the ___: A. Risk involved B. Safety-first mindset C. Loss of life expected D. Risk...