Wa state exam - Study guides, Class notes & Summaries

WA State exam UPDATED Exam Questions and CORRECT Answers What disciplinary action will occur if a Washington broker disregards a child support order? - Correct Answer- License suspension When may a licensee receive compensation in Washington based on an appraisal result at or above a specific prearranged price? - Correct Answer- It's illegal in all circumstances. How is the Washington managing broker's exam presented? - Correct Answer- As a simulation-based exam

The owner of property located along a stream or river may have which type of water right? A. Alluvion B. Riparian C. Appropriation D. Littoral Correct Answer-Your Answer: B Riparian rights are water rights that belong to owners of property that borders a stream or river. (Littoral rights refer to water rights associated with property that borders stationary water, such as a lake.) Five people buy an investment property. They take title so that they each have equal ownership shares, a...

WA STATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ What disciplinary action will occur if a Washington broker disregards a child support order? - -License suspension When may a licensee receive compensation in Washington based on an appraisal result at or above a specific prearranged price? - -It's illegal in all circumstances. How is the Washington managing broker's exam presented? - -As a simulation-based exam In Washington, which agency is authorized to dissemin...

Wa state life insurance exam with correct answers

Health contracts are prepared by insurers and must be accepted by the insured on an 'as is' basis. This described what aspect of a health insurance contract? - ANSWER Contract of Adhesion If an insurer decides to obtain medical information from different sources in order to determine the insurability of an applicant, who must be notified of the investigation? - ANSWER The applicant. What are the two types of expenses that are covered by health insurance? - ANSWER Expenses related to heal...

Assignment Correct Answer The transfer of a policy to another party. Often done when commercial property is sold to a new owner. Building & Personal Property (BPP) Correct Answer The commercial property policy for larger businesses. Business Income Policy Correct Answer A commercial policy covering the indirect loss of income following a loss. Cancellation Correct Answer Termination of a policy during the policy period. Casualty Insurance Correct Answer A broad term which includes al...

Final Lib 160 Iowa State Study Guide Exam With Complete Solutions Latest Update

Auto Assigned Risk Plan - The Commissioner must develop a Assigned Risk Plan. Applicants who are in good faith entitled to but are unable to procure auto insurance through the ordinary market. All auto Insurers must subscribe to the Assigned Risk Plan. Autos - Proof of Financial Responsibility - Show proof of insurance requested by a police officer; and at the time of of accident. Insurers must provide each policyholder with an Insur ID card, Personal auto policies must be issued for a peri...

Washington Mandatory Alcohol Server Training Questions and Answers 100% Pass The purpose of MAST training is to teach ___________________. The laws regarding alcohol sales and service and how to serve alcohol responsibly To obtain a MAST permit, you must ___________________. Complete an approved course and pass the exam. Upon the completion the training and exam, your trainer must issue your permit within 30 days. You must have your MAST permit and photo ID available at all times when _______...

CDL-WA STATE EXAM QUESTIONS AND ANSWERS