State farm property Study guides, Class notes & Summaries
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![Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+](/docpics/4246384/65a6c394503f7_4246384_121_171.jpeg)
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Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+
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Tennessee National Portion REAL ESTATE 
EXAM Latest 2024 Graded A+ 
A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its 
charter. 
Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. 
A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells 
that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new 
owner and the remaining joint t...
![State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494048/66594c38e0241_5494048_121_171.jpeg)
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025
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State Farm Property xam | Questions and 
Answers Graded A+ Latest 2024/2025 
control of property - CORRECT ANSWER protects against negligent acts of noninsureds 
other insurance - CORRECT ANSWER concerns property that is insured by more 
than one policy 
legal action against an insurer - CORRECT ANSWER says when an insured my 
sue the insurer 
subrogation - CORRECT ANSWER insurer can sue third parties for damages to 
the insured 
liberalization - CORRECT ANSWER when an insurer increases its...
![State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494049/66594c3be3fb2_5494049_121_171.jpeg)
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025
- Exam (elaborations) • 39 pages • 2024
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State Farm Property xam | Questions and 
Answers Graded A+ Latest 2024/2025 
control of property - CORRECT ANSWER protects against negligent acts of noninsureds 
other insurance - CORRECT ANSWER concerns property that is insured by more 
than one policy 
legal action against an insurer - CORRECT ANSWER says when an insured my 
sue the insurer 
subrogation - CORRECT ANSWER insurer can sue third parties for damages to 
the insured 
liberalization - CORRECT ANSWER when an insurer increases its...
![CUS3701 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024](/docpics/2904076/66071b3bae9f0_2904076_121_171.jpeg)
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CUS3701 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024
- Exam (elaborations) • 18 pages • 2023
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CUS3701 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
 
CUS3701 ASSESSMENT 03/2024 
 
ASSIGNMENT 03 
MODULE: CURRICULUM STUDIES 
CUS3701 
Year module 
DEPARTMENT: CURRICULUM AND INSTRUCTIONAL STUDIES 
Downloaded by Thomas Mboya () 
lOMoARcPSD| 
 CUS3701 ASSESSMENT 03/2024 
ASSIGNMENT 03 
MARKS: 100 
Save all your answers to these questions in o...
![State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494040/66594bc8d022c_5494040_121_171.jpeg)
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025
- Exam (elaborations) • 60 pages • 2024
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State Farm Property xam | Questions and 
Answers Graded A+ Latest 2024/2025 
A dealer is required to have on file the licenses of each of their employed 
salespersons but need not display them in their place of business - CORRECT 
ANSWER False 
A dealer must take in the title in their own name before selling a car to a retail 
customer - CORRECT ANSWER False 
A salesperson can change dealerships during the licensing year provided that the 
correct form and fee is submitted to the board such...
![State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494031/66594acdda52d_5494031_121_171.jpeg)
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State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025
- Exam (elaborations) • 125 pages • 2024
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State Farm Property Exam | Questions and 
Answers Graded A+ Latest 2024/2025 
preferred, standard, substandard, or decline - CORRECT ANSWER The four 
ways risks are classified. 
primary insurance amount (PIA) - CORRECT ANSWER Amount equal to covered 
workers full Social Security retirement benefit or disability benefit. 
probationary period - CORRECT ANSWER A period of time between the 
issuance of a policy and the date coverage begins. 
proof of loss - CORRECT ANSWER A mandatory NAIC provis...
![State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494025/66594a595ffcb_5494025_121_171.jpeg)
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State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025
- Exam (elaborations) • 163 pages • 2024
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State Farm Property Exam | Questions and 
Answers Graded A+ Latest 2024/2025 
which of the following refers to being restored to the financial condition you 
were in before a loss? - CORRECT ANSWER indemnification 
mark incurred 8000$ damage to his car in an accident. he received 8000$ from 
his insurance company and 4000$ from the other driver. by receiving a profit 
from the loss, Mark is in violation of.. - CORRECT ANSWER principle of 
indemnity 
the transfer of risk from one party to an...
![State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494037/66594b4b28843_5494037_121_171.jpeg)
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025
- Exam (elaborations) • 96 pages • 2024
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State Farm Property xam | Questions and 
Answers Graded A+ Latest 2024/2025 
A dealer is required to have on file the licenses of each of their employed 
salespersons but need not display them in their place of business - CORRECT 
ANSWER False 
A dealer must take in the title in their own name before selling a car to a retail 
customer - CORRECT ANSWER False 
A salesperson can change dealerships during the licensing year provided that the 
correct form and fee is submitted to the board such...
![State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025](/docpics/5494034/66594b0eaaf9e_5494034_121_171.jpeg)
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State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025
- Exam (elaborations) • 29 pages • 2024
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State Farm Property Exam | Questions and 
Answers Graded A+ Latest 2024/2025 
preferred, standard, substandard, or decline - CORRECT ANSWER The four 
ways risks are classified. 
primary insurance amount (PIA) - CORRECT ANSWER Amount equal to covered 
workers full Social Security retirement benefit or disability benefit. 
probationary period - CORRECT ANSWER A period of time between the 
issuance of a policy and the date coverage begins. 
proof of loss - CORRECT ANSWER A mandatory NAIC provis...
![State Farm Property Questions and Answers (2024) Verified Answers](/docpics/4920955/660eed173be4f_4920955_121_171.jpeg)
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State Farm Property Questions and Answers (2024) Verified Answers
- Exam (elaborations) • 12 pages • 2024
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State Farm Property Questions and Answers (2024) Verified Answers 
 
State Farm Property Questions and Answers (2024) Verified Answers 
 
State Farm Property Questions and Answers (2024) Verified Answers
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