Prequalification Study guides, Class notes & Summaries

AFSB 151 Final Exam Questions With Complete Solutions. A surety bond is a written document in which one party guarantees a second party's Performance to a third party for the second party's failure to fulfill an obligation. Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the United States? Multiline property-casualty insurers Sureties use what written document to authorize a producer to act as the surety's agent in bond production? A p...

AFSB 151 Final Exam Questions With Complete Solutions Graded A+ A surety bond is a written document in which one party guarantees a second party's Performance to a third party for the second party's failure to fulfill an obligation. Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the United States? Multiline property-casualty insurers Sureties use what written document to authorize a producer to act as the surety's agent in bond p...

A surety bond is a written document in which one party guarantees a second party's - Performance to a third party for the second party's failure to fulfill an obligation. Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the United States? - Multiline property-casualty insurers Sureties use what written document to authorize a producer to act as the surety's agent in bond production? - A power of attorney While suretyship and banking bo...

TCFP prep questions 1. the NFPA requires that, at minimum ppe clothing should be cleaned every _______ months a. 12 b. 6 c. 9 d. 14: b. 6 2. National Fire Protection 1001 is ? A. Standard for firefighting professional qualifications B. Standard for Industrial Fire Brigades C. Standard for fire department occupational safety and health program D. standard for Blood Borne Pathogen training: A. Standard for firefighting professional qualifications 3. Historically, the standard operating...

AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? • Heavy and highway construction • General Engineering contractor • General Building contractor • Design/build contractor - Correct Answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Hig...

At a closing Buyer Betsy and George were provided a deed to transfer the property to them from the seller. What type of deed would Buyer Betsy and George most likely receive from the seller at closing if there were no issues at all with the title of the property? - Answer- General Warranty Deed When transferring the property to Buyer Betsy and George the seller would need to sign the deed as the ______ and Buyer Betsy and George would need to sign the deed as ________? A. Grantor/Grantee ...

SAFE MORTGAGE LOAN ORIGINATOR EXAM 2024 WITH 100% CORRECT ANSWERS Prequalification - correct answer an estimate of the loan amt. for which the buyer can qualify based on his income/credit under the lenders standards USDA ratio - correct answer 29/41 FHA ratio - correct answer 31/43 Asset based loan - correct answer -loans based on borrowers equity -bad when lenders fail to consider ability to repay High Cost Loan - correct answer Reg Z - Sec. 1026.32 -APR will exceed by more t...

AFSB 151 Final Exam with Complete Solutions 100% Verified A surety bond is a written document in which one party guarantees a second party's ️️Performance to a third party for the second party's failure to fulfill an obligation. Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the United States? ️️Multiline property-casualty insurers Sureties use what written document to authorize a producer to act as the surety's agent in b...

What are the five main types of project delivery systems? - 1. DBB 2. CMa as Adviser 3. CMa as Constructor 4. Design-Build 5. Integrated Project Delivery Regardless of project delivery method, the architect's duties will also included what? - Assisting in the SELECTION of a contractor and in controlling the costs. What is the tradition PDM? - DBB Describe the flow of DBB. - 1. A. designs proj. 2. A. finishes CDs 3. A. writes specs. 4. A. completes cost estimates. What doc is ...

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 ...