Calculation of proof - Study guides, Class notes & Summaries

Delaware Life Insurance Study Guide 2024 Questions and Answers What is the benefit of choosing extended term as a nonforfeiture option? - CORRECT ANSWER-It has the highest amount of insurance protection Upon the death of the insured, the primary beneficiary discovers that the insured chose the interest only settlement option. What does this mean? - CORRECT ANSWER-The beneficiary will only receive payments of the interest earned on the death benefit If a life insurance policy has an irr...

What do you call the place where the bartender makes the drinks? - Answer-Bartender Station What is the difference between the speed rack and call brands? - Answer-Price and Quality Proof - Answer-The amount of alcohol in the bottle Calculation of Proof - Answer-Proof divided by 2 equals the percentage of alcohol in the bottle VGRTTW - Answer-Vodka Gin Rum Tequila Triple sec Whiskey What is rum made from? - Answer-Sugar Cane What is the count for a 1/2 ounce? - Answer-3 second ...

Xinnix Final Exam Questions and Answers 100% Pass On an FHA loan the upfront MIP should be included when calculating cash-to-close. - Answer- False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) - Answer- False A 3-Year ARM adjusts every 3 years - Answer- True A Loan Officer can locate the summary of the eligibility requirements for a loan to be sold to a specific lender/investor in the lender specs. - Answer- False A HELOC loan has an ...

Delaware Life Insurance Exam Questions and Answers 100% Pass What is the benefit of choosing extended term as a nonforfeiture option? - Correct Answer ️️ -It has the highest amount of insurance protection Upon the death of the insured, the primary beneficiary discovers that the insured chose the interest only settlement option. What does this mean? - Correct Answer ️️ -The beneficiary will only receive payments of the interest earned on the death benefit If a life insurance policy...

Xinnix Ground School Exam Questions and Answers 100% Pass Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. - Answer- False YTD paystubs will be requires from a borrower that is self-employed (schedule C) - Answer- False A borrower requesting a jumbo loan will qualify for an agency loan - Answer- False Trailing spouse income can be used for qualifying purp...

NMLS UST Mortgage Exam Questions With Verified Answers A consumer calls to ask about a loan product. How does TILA require you to quote an interest rate to him? - answerThe APR and the interest rate A wraparound mortgage: - answerOccurs when a new mortgage plus an existing mortgage is structured as a single obligation Which of the following is true of an FHA borrower? - answerOnly 75% of rental income counts as qualifying income A mortgage on personal property is a(n): - answerChattel Mo...

Xinnix Ground School Questions and Answers 100% Verified Flipping is a scheme where several people each purchase a property within the neighborhood and then sell the properties to one another, inflating the price of the home with each sale. - Answer ️️ -False YTD paystubs will be requires from a borrower that is self-employed (schedule C) - Answer ️️ -False A borrower requesting a jumbo loan will qualify for an agency loan - Answer ️️ -False Trailing spouse income can be used...

Based on the Human Life Value Approach, which of the following is NOT used to calculate an individual's life value? A. Insured's annual expenses B. Effect of inflation on income over time C. Predicted needs of the family after the insured's death D. Insured's current and future income - correct answer C. Predicted needs of the family after the insured's death. The Human Life Value Approach to determining the value of an individual's life requires the calculation of probable future ear...

RIBO Exam Questions and Answers Already Passed The Manager, under the RIBO Act, may cancel the license of a member for non-payment of any prescribed fee after giving the member at least: 1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation. Upon successful completion of the examination, you may qualify for registration as an insurance broker. If issued, the registration will be "restricted to acting under s...

USPS Window Clerk Test Prep Exam Questions With Verified Answers USPS Mission? - answerProvide a reliable, efficient, trusted and affordable universal delivery service that connects people and helps businesses grow. Improve effectiveness through standardization & innovation. End-to-end process to ensure mail is Collected, distributed, and delivered. USPS runs on this. - answer24-Hour Clock USPS Delivery Methods - answerPlanes, trucks, cars, boats, bicycles, snow mobiles, mules. APC - answ...