Commercial coverage b - Study guides, Class notes & Summaries

CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 1. Which of the following statements most closely summarizes government pricing objectives? b. Acquire goods and services from responsible sources at fair and reasonable prices. 2. As a contract specialist, you should be aware that: a) Different sellers in the same market may have different pricing objectives and approaches. b) Sellers in different markets often have different approaches to contract pricing. c) A single fir...

CMIT Exam (200 multiple choice) Questions with Verified Answers A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - CORRECT ANSWER True There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibility, budget and the schedule....

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

INS1502 MAY/JUNE EXAM ANSWERS 2023 QUESTIONS ASKED A valuable technique to interact with academic text and to support learning is … a. podcasting b. copying c. note-taking d. recording c. note-taking Note-taking is a valuable technique to interact with academic text and support learning. It involves actively engaging with the material, summarizing key points, and organizing information in a way that makes it easier to understand and remember. By taking notes, learners can enha...

What is the name given to the collection of written decisions? - Answer- Case Law Explain the concept of the Rule of Precedent. - Answer- Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - Answer- Compensation in money for the loss or damage suffered. Compensatory damages for bodily injury are ...

Texas Life And Health Insurance Exam Questions With Correct Answers | Latest 2023/2024 (Graded A+). Which of the following actions is NOT possible with a Universal Life policy? - Correct Answer-Premiums may be applied as a credit against income tax Which of the following will a Long Term Care plan typically provide benefits for? - Correct Answer-home health care Which health policy clause stipulates that an insurance company must attach a copy of the application to the policy to ensure that...

In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium - Answer- 10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of the employee c. the employee producer will conduct business und...

Z-51 Written Exam Questions and Complete Solutions In a steam turbine, what is the function of a Kingsbury thrust bearing? A) Maintain first stage steam pressure. B) Compensate for coupling misalignment. C) Adjust shaft torque at start up. D) Maintain axial positioning of the rotor shaft. - Answer: D) Maintain axial positioning of the rotor shaft. The ratio of actual pressure of water pressure in the atmosphere to the saturated pressure of given temperature is A) partial pressure....

Texas Property and Casualty Exam Questions and Answers Verified 100% ____ is uncertainty of loss - risk ____ is a transfer of risk from the insured to the insurer - insurance ____ risk means there is no chance of gain. It is insurable. - pure ____ risk means there is a chance of a loss or a gain. It is not insurable. - speculative a ____ is something that increases the risk. - hazard the principle of _____ governs property and casualty policies. It states that the purpose of th...

Pennsylvania Public Adjuster Examination--Series 16-19 Set 1 Complete Questions And Answers 2023 A claim has occurred and the statute of limitation is about to expire. The law requires that first party claimants be given a _____ day notice and third party claimants must be given a _____ day notice. A first party claimant must be given a 30 day notice and a third party claimant must be given a 60 day notice of the expiration of the statute of limitations. The standard deductible for each cove...