Caib 3 exam questions Study guides, Class notes & Summaries
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CAIB 3 Practice Exam questions with correct answers
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CAIB 3 Practice Exam questions with correct answers
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CAIB 4 Exam Questions with Correct Answers
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CAIB 4 Exam Questions with Correct Answers 
 
What are the two approaches to planning? Explain each - Answer-1) Top Down Planning - Management provides the mission, strategies, and objectives for the brokerage 
2) Bottom Up Planning - Management provides the mission and broad strategies. Leaves the objectives, goals and activities to business units. 
 
What are the advantages and disadvantages of top down planning? - Answer-Advantages: Management feels in control and in charge of decision makin...
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CAIB 3 Exam Questions with All Correct Answers
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CAIB 3 Exam Questions with All Correct Answers 
 
Civil Law - Answer-the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. 
 
Tort - Answer-a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an award for damages. 
 
Breach of Contract - Answer-is the failure, without legal excuse to perform any promise which forms the whole or part of t...
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CAIB 1/CAIB 2 /CAIB 3/CAIB-4 Exam Bundle
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CAIB 2 Practice Exam 11282019 Questions with correct Answers
Practice Exam for CAIB 1 Questions with Verified Answers
CAIB 1 Practice Exam (Questions and Answers)
CAIB 1 Practice Exam (Multiple Choice)
CAIB 1 Practice Questions (100) all with correct Answers
CAIB 3 Practice Exam 2023 Questions and Answers
Caib 4 Practice Final Exam 2023
CAIB 2 - 


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CAIB 3 - Exam Practice Questions with 100% correct answers
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CAIB 3 - Exam Practice Questions with 
100% correct answers 
Breach of Contract - answerFailure to perform a promise in a contract without legal excuse 
Trespass - answerUnlawful interference with someone's person, property, or rights 
False Imprisonment - answerUnlawfully holding someone against their will 
Easement - answerRight to use another person's land 
Constructive Total Loss (MARINE INSURANCE) - answerWhen the cost of salvaging 
cargo is too high compared to its value 
Freight (MARINE...
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CAIB 3 Chapter 3 Exam Questions and Answers 100% Pass
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CAIB 3 Chapter 3 Exam Questions and 
Answers 100% Pass 
Identify, other than in Quebec two different systems used to insure automobiles in 
Canada - Answer- 1. Private insurers 
2. Compulsory government insurance plans 
Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles - 
Answer- SPF No 1. Owners Form 
SPF No 4. Standard garage automobile policy 
SPF No 6. Standard non-owned automobile policy 
Briefly explain what is meant by standard policy forms - Answer- Pol...
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CAIB 3 Chapter 3 Exam Questions and Answers 100% Pass
- Exam (elaborations) • 13 pages • 2024
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CAIB 3 Chapter 3 Exam Questions and 
Answers 100% Pass 
Identify, other than in Quebec two different systems used to insure automobiles in 
Canada - Answer- 1. Private insurers 
2. Compulsory government insurance plans 
Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles - 
Answer- SPF No 1. Owners Form 
SPF No 4. Standard garage automobile policy 
SPF No 6. Standard non-owned automobile policy 
Briefly explain what is meant by standard policy forms - Answer- Pol...
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CAIB 3 Exam Questions with All Correct Answers
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
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CAIB 3 Exam Questions 
with All Correct Answers 
Civil Law - Answer-the body of law concerned with civil or private rights and remedies, 
as contrasted with criminal law which deals with wrongs against society. 
Tort - Answer-a private or civil wrong or injury, other than breach of contract, for which 
the court will provide a remedy in the form of an award for damages. 
Breach of Contract - Answer-is the failure, without legal excuse to perform any promise 
which forms the whole or part of ...
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CAIB 3 Exam Questions and Answers 100% Pass
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
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CAIB 3 Exam Questions and Answers 100% Pass 
Civil Law - Answer- the body of law concerned with civil or private rights and remedies, 
as contrasted with criminal law which deals with wrongs against society. 
Tort - Answer- a private or civil wrong or injury, other than breach of contract, for which 
the court will provide a remedy in the form of an award for damages. 
Breach of Contract - Answer- is the failure, without legal excuse to perform any promise 
which forms the whole or part of the c...
-
CAIB 3 Exam Questions and Answers 100% Pass
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
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- $11.49
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CAIB 3 Exam Questions and Answers 100% Pass 
Civil Law - Answer- the body of law concerned with civil or private rights and remedies, 
as contrasted with criminal law which deals with wrongs against society. 
Tort - Answer- a private or civil wrong or injury, other than breach of contract, for which 
the court will provide a remedy in the form of an award for damages. 
Breach of Contract - Answer- is the failure, without legal excuse to perform any promise 
which forms the whole or part of the c...
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