Property i outline Study guides, Class notes & Summaries

2.1 Given a loss situation, determine whether or not a loss is covered by the Basic, Broad, or Special Causes of Loss Forms and give reasons for your answer Basic Form CP1010 Broad Form* FLEWSARV LSV Fire* Lightning* Explosion* Windstorm or Hail* Smoke* Aircraft or Vehicles* Riot or Civil Commotion* Vandalism* Sprinkler Leakage* Sinkhole Collapse* Volcanic Action 2. Apply the exclusions of the Cause of Loss - Special Form to specific claims situation A. Covered cause of los...

Contractors Business Law Exam Questions and Answers, Latest Updated 2024/2025 (GRADED A+) If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? (Ans- quarterly How many employees does it take for the Fair Labor Act to be applied? (Ans- 1 What accounting method records income when the service occurs and expense when they are incurred? (Ans- Accrual Method What do the General Conditions of a contract do? (Ans- Outline roles of the owner, architect, and engineer....

CIPS L4M1 - EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ O1. Outline FIVE differences between purchasing goods and purchasing services. Correct Answer: 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are...

APCO TEST QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE 2024/2025 | 100% CORRECT!! List the combined verbal and nonverbal elements that communicate to the telecommunicator the situation being reported - Answer- Comfortable tone Encourages conversation Demonstrates interest Signals understanding Message format List and describe the six components of the communications cycle - Answer- The sender: the person who initiates the conversation Receiver: The target of the conversation. Can be a p...

CIPS L4M1 - Question & Answer Past exam questionsO1. Outline FIVE differences between purchasing goods and purchasing services. - correct answer 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Expla...

Testbank to accompany Financial Reporting by Loftus et al © John Wiley & Sons Australia, Ltd 2016   Chapter 3: Fair value measurement Multiple Choice Questions 1) Which of the following is not one of the key reasons given by the IASB for issuing a standard on fair value measurement: a) To establish a single source of guidance for all fair value measurements required or permitted by IFRSs to reduce complexity and improve consistency in thei...

New York State Auto Damage and Theft General Adjuster 17-70 Practice Questions And Answers 2024/2025 An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - CORRECT ANSWER-Employers non-ownership coverage. This coverage protects the employer and not the emplo...

New York State General Adjuster 17-70 Exam Questions and Answers Verified A+ An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP po...

What is the minimum limit of Third Party Liability available in your province? - $200,000 How does an insured show proof of financial responsibility in your province - The "pink copy" of the certificate of registration Identify the Automobile coverages that are available in your province and indicate which are compulsory. - Auto Policy Limits - $200,000 Bodily Injury - $180,000 Property Damage - $20,000 All compulsory in Manitoba (6-4) Identify a province where Automobile is provided by ...