Faith and business - Study guides, Class notes & Summaries

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Practice Exam for CAIB 1 Latest 2023 with complete solution
  • Practice Exam for CAIB 1 Latest 2023 with complete solution

  • Exam (elaborations) • 13 pages • 2023
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  • 1. Insurers are in the business of assuming the financial risks of others which involves entering into a formal contract. A contract is enforceable at law only when all legal elements have been observed. Insurance contracts differ from other formal agreements and are subject to what three additional elements?: Insurable Interest Utmost Good Faith Indemnity 2. Explain the meaning and disadvantage of the following approaches: Avoid- ance of Risk & Control of Risk: Avoidance: Avoidance means that...
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Personal Lines Insurance Practice Exam Questions and Answers Latest 2024-2025 | 100% Correct.
  • Personal Lines Insurance Practice Exam Questions and Answers Latest 2024-2025 | 100% Correct.

  • Exam (elaborations) • 112 pages • 2024
  • Personal Lines Insurance Practice Exam Questions and Answers Latest | 100% Correct. Bobby, age 16, borrows his parents' car without their permission and gets into an accident. Which of the following statements about coverage under the parents' personal auto policy is CORRECT? A) Bobby is covered by his parents' policy because he is included in the definition of named insured. B) Bobby is not covered for this accident because he used the car without permission. C) Bobby is not covered ...
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PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
  • PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED

  • Exam (elaborations) • 97 pages • 2024
  • Well-structured PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, fearing for his life, signs the document. Which cause of ...
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MPOETC CERTIFICATION TEST/151  QUESTIONS AND ANSWERS (A+)
  • MPOETC CERTIFICATION TEST/151 QUESTIONS AND ANSWERS (A+)

  • Exam (elaborations) • 17 pages • 2023
  • MPOETC CERTIFICATION TEST/151 QUESTIONS AND ANSWERS (A+) 1st Amendment (1791) - √Answer :Freedom of speech, religion and press and the right to petition Quiz :2nd Amendment (1791) - √Answer :Right to bear arms Quiz :3rd Amendment (1791) - √Answer :The government may not house soldiers in private homes without consent of the owner Quiz :4th Amendment (1791) - √Answer :Freedom from unreasonable search and seizures Quiz :5th Amendment (1791) - √Answer :Double jeopardy, ...
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Gold Coast Real Estate Exam with Verified Answers
  • Gold Coast Real Estate Exam with Verified Answers

  • Exam (elaborations) • 11 pages • 2023
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  • Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate Broker associate - Answer- A licensed broker working for another broker False - Answer- A florida real estate license applicant must be a resident a...
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UGBA 135 Midterm #1 Exam With 100% Correct Answers 2023
  • UGBA 135 Midterm #1 Exam With 100% Correct Answers 2023

  • Exam (elaborations) • 14 pages • 2023
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  • UGBA 135 Midterm #1 Exam With 100% Correct Answers 2023 21st Century Millionare - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead - After working for 40 years, only 5% of people are financially independent (don't need government assistance) - Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means - People who succeed have goals D...
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Texas All Lines Adjuster Laws & Regulation exam 2023.
  • Texas All Lines Adjuster Laws & Regulation exam 2023.

  • Exam (elaborations) • 27 pages • 2023
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  • Texas All Lines Adjuster Laws & Regulation exam 2023. 1. All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting workers compensation claims; C. Those persons who have received the Associate in Claims (AIC) designation; D. Those persons who have a certificate of completion showing that within the past 12 months the applicant has completed a certified adjuster prelicensing ...
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AINS 101 EXAM / 80+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+.
  • AINS 101 EXAM / 80+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+.

  • Exam (elaborations) • 6 pages • 2023
  • AINS 101 EXAM / 80+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+. AINS 101 1. The two main sectors of the insurance industry are: Property-casualty insurance and life-health insurance. 2. Because insurance contracts impose an obligation for ethical practices and behaviors on the parties while dealing with one another, an insurance contract is called a: Contract of utmost good faith. 3. Earned premiums are shown on an insurer's income statement because they are: Revenues 4. De...
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New York State General Adjuster 17-70 Exam 2023-2024 With 100% Complete solutions (800 Questions & Anawers)
  • New York State General Adjuster 17-70 Exam 2023-2024 With 100% Complete solutions (800 Questions & Anawers)

  • Exam (elaborations) • 180 pages • 2023
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  • New York State General Adjuster 17-70 Exam 2023-2024 With 100% Complete solutions 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 Ans- Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered unde...
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Pols 207 Jason Smith Exam 1 Questions With Verified Answers
  • Pols 207 Jason Smith Exam 1 Questions With Verified Answers

  • Exam (elaborations) • 11 pages • 2023
  • What is policy conservatism? - Answer A state's tendency to limit the welfare benefits, deregulate business, keep taxes low, and generally place less reliance on government and more reliance on individuals and the marketplace to achieve social goals. What is policy liberalism? - Answer A state's tendency to expand welfare benefits, regulate business, adopt progressive state income taxes, and generally use government to achieve social change. From where do state and local governments deri...
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