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LECCHRIS

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Random CMCA Practice Test Questions (Under Construction)Correct 100%

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C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. - ANSWER Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoice C. Maintenance responsibility chart along, with the governing documents, defines parameters of association maintenance responsib...

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Random CMCA Practice Test Questions & Answers(RATED A)

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Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoice - ANSWER C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. The primary management control tool for identifying whether the association needs to maintain a particular property element is: ...

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CMCA PRACTICE EXAM QUESTIONS & ANSWERS(GRADED A)

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Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. - ANSWER B Legal review prior to executing a contract will assist the association in the event that: A. A subcontractor is used.

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CMCA Sample Exam Complete Questions & Answers

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1. Quorum requirements conflicts are resolved by: a. state statute. b. the board of directors. c. a vote of those present at a meeting. d. appointment of a person as a proxy. - ANSWER A 2. Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. manager will faithfully follow all document provisions. c. deductible in the association's insurance policies is reimbursed. d. association will be covered for shortfalls in the reserve accou...

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LA ADJUSTER SERIES 204: HOMEOWNER INSURANCE Correct 100% COMPLETE FULL SOLUTIONS PACK EXAM BUNDLE

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LA ADJUSTER SERIES 204: HOMEOWNER INSURANCE Correct 100% COMPLETE FULL SOLUTIONS PACK EXAM BUNDLELA ADJUSTER SERIES 204: HOMEOWNER INSURANCE Correct 100% COMPLETE FULL SOLUTIONS PACK EXAM BUNDLELA ADJUSTER SERIES 204: HOMEOWNER INSURANCE Correct 100% COMPLETE FULL SOLUTIONS PACK EXAM BUNDLELA ADJUSTER SERIES 204: HOMEOWNER INSURANCE Correct 100%

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Louisiana Adjuster Correct Questions & Answers(2024 Latest Update)Correct 100%

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The coverage territory of the Business Auto form provides for "worldwide liability coverage" for private passenger autos that the insured: a) Hires, leases, rents or borrows without a driver while outside the United States, its territories and possessions. b) Purchases while outside the United States, its territories and possessions. c) Sells while outside the United States, its territories and possessions. d) Occupies while outside the United States, its territories and posses...

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LA Claims Adjuster Property and Causality Practice Exam 1 100% Accurate

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Insurable Interest - ANSWER ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms - ANSWER ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confuse the "cause of loss" forms with the "proof of...

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204 LA Property and Casualty Test Part 1 100% Accurate

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Exclusions - ANSWER Risks or causes of loss that the insurer decides not to cover Named peril - ANSWER Narrow coverage = few exclusions open peril - ANSWER Wide coverage = many exclusions Exclusions to HO Property Coverage - ANSWER ordinance or law, earth movement, water damage, off premises power failure, neglect,

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Louisiana P&C Adjuster Exam Prep: Series 204 100% Correct

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What are the four requirements of a legally binding contract? - ANSWER Agreement, consideration, competent parties, legal purpose Jim applied for a homeowners policy with his agent, who gave him immediate temporary coverage. However, after checking Jim's background information, his agent discovers that Jim has been convicted of arson, so she declines his application. Which of the following best describes Jim's failure to mention his conviction during the application process? - ANSWER Co...

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Louisiana Auto Adjuster Exam|| 95 QUESTIONS || Correct 100%

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diminished value - ANSWER a concept that states an automobile's market value has decreased, even though it's been repaired after an accident; occurs because of the theory that repairs can't be made to put the vehicle into its exact pre-loss condition market value - ANSWER a concept, which takes into account, what the property would sell for on the open marketplace; utilized frequently when selling property such as homes and auto agreed value - ANSWER the difference is that the agr...

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