Retroactive - Study guides, Class notes & Summaries

ASME B31.3 Practice Questions Latest Update with Verified Solutions The requirements of the latest edition of ASME Code Section B31.3 and any subsequent Addenda: a. must be followed explicitly as soon as the latest edition is issued. b. are retroactive and all piping installed per earlier additions must be upgraded. c. are not retroactive & all piping installed per earlier additions need not be upgraded. d. may be used without regard to the acceptability of Code revisions to the jurisdiction...

If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis - answer-Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal c. separation d. exclusion - an

The requirements of the latest edition of ASME Code Section B31.3 and any subsequent Addenda: a. must be followed explicitly as soon as the latest edition is issued. b. are retroactive and all piping installed per earlier additions must be upgraded. c. are not retroactive & all piping installed per earlier additions need not be upgraded. d. may be used without regard to the acceptability of Code revisions to the jurisdiction. C Clauses in the B31 code are not necessarily numbered consecutiv...

Alabama Property and Casualty UPDATED Exam Questions and CORRECT Answers If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis - CORRECT ANSWER- Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal

If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis - Answer A. Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Separation D. Exclusion - Answer B. Nonrenewal Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employee theft...

Types of Casualty Policies, Bonds and Related Terms Questions and Answers 100% Pass personal injury - Correct Answer ️️ -injury to a persons character advertising injury - Correct Answer ️️ -nonphysical injury to a business (defamation) coverage territory - Correct Answer ️️ --united states -US territories and possessions -Canada premise and operations - Correct Answer ️️ -hazards related to ownership, maintenance or use of the insured's premises and all business operati...

NCBE National Conference of Bar Examiners Multistate Bar Examination – 2024 Online MBE Practice Exam 4 verified 100 practice exam questions Question # 1 - Constitutional Law A federal civil statute prohibited fishing in any body of water that was located within a national park and contained a particular endangered species of fish. The statute authorized federal district courts to enjoin knowing violators of the statute from the use of all national park facilities for u...

Legal Aspects of Code Administration Questions and Answers 100% Pass What is the primary purpose of building codes in the context of legal aspects of code administration? Building codes are designed to protect public health, safety, and welfare by establishing minimum construction standards for buildings and structures. How do legal challenges affect code enforcement practices? Legal challenges can lead to delays in enforcement actions, necessitating careful adherence to due proc...

If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis - Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal c. separation d. exclusion - Nonrenewal Which is the best example of an indirect loss ? a. sequential loss b. liability loss c. employee theft d. loss of use - Loss of Use

Types of Casualty Policies, Bonds and Related Terms Questions and Answers 100% Pass personal injury - Correct Answer ️️ -injury to a persons character advertising injury - Correct Answer ️️ -nonphysical injury to a business (defamation) coverage territory - Correct Answer ️️ --united states -US territories and possessions -Canada premise and operations - Correct Answer ️️ -hazards related to ownership, maintenance or use of the insured's premises and all business operati...