Pearson Vue Test Exam Bundle

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 determin...

What is the mission of the fire service? - To save lives and protect property What NFPA standard establishes basic training criteria for Firefighter I and Firefighter II? - 1001 A _______ is a collection of rules enacted by law in a particular jurisdiction. - Code Which of the foll...

Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? A. Emblements B. Personality C. Fixtures D. Appliances - C A salesperson who completes a written listing agreement with a seller is helping to cre...

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 - B A contract that has as its basic funct...

An estate for years - The phrase definite duration refers to: A periodic tenancy - A lease that automatically renews itself, in the absence of notice, is: $66,666 - A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 S...

c. Bill of sale - 1A buyer purchases a furnished condominimum apartment as an investment. The document that evidences the buyer's ownership of the furniture is a a. Special warranty deed b. Homeowner's insurance policy c. Bill of sale d. Buyers inventory d. Accrued depreciation - Us...

Lateness window - 15 minute to 30 minute What is the first program you log in to? - Admissions Manager Admission steps - 1. Review the testing room rules with candidate 2. Check the candidate into the testing room 3. Verify that the candidate has stored prohibited items in the locke...

a. the landlord must have intentionally withheld required repairs or maintenance - In order for a tenant to claim relief for constructive eviction: a. the landlord must have intentionally withheld required repairs or maintenance b. any defects must be deemed to present a health hazard to ...

S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of th...

Admitted life insurance must pay interest, at a rate specified by life, on death benefits from the date of the insured's death, through how many days following the date the insurer receives the claim? a. 15 days b. 20 days c. 30 days d. 31 days - c. 30 days The policy loan amount cannot e...

Under the social security retirement benefits, all of the following factors will influence how much a retiring individual will receive as a monthly income benefit except the individual's - Sex In life insurance, insurance interest must exist at the time the - Producer writes an application...

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 a...

Under the law of agency, a broker's responsibility to the principal is? - Exercise Care, obedience, accounting and disclosure Which of the following items would have to be disclosed to prospective buyers by the listing broker? - A defect existing in the property being offered. Under a s...

An insured may cancel a Personal Auto Policy by taking which of the following actions? A. Paying the insurance company any past due premiums B. Waiting until the policy expiration date C. Giving written notice to the insurance company D. Informing the producer by telephone - C In i...