Icbc chapter 6 - Study guides, Class notes & Summaries

ICBC Chapter 6

1. Chapter 1 - Intro: 2. List the 5 functions of insurance:: 1) Spread of risk 2) Basis of credit system 3) Eliminate worry and develop entrepreneurship 4) Loss reduction and prevention (road safety, alarms, etc.) 5) Employment opportunity 3. Definition of insurance (3 parts): 1) insurance provides a means of shifting ones financial responsibility from a loss to another party ii) payment will be made only in the event of the happening of a certain risk or peril iii) the amount of the pay...

Driving Commercial Vehicles. ICBC Questions and Answers Graded A+ Chapter 1: What kinds of vehicles require the driver to have an air brake endorsed drivers licence in order to operate them. Any vehicle with air-over-hydraulic brakes. Endorsement code: 15 Chapter 1: Which driver licence classes allow you to operate a school bus? Class 1 Class 2 Class 4 (unrestricted)/(restricted) Class 5 (Passenger vehicles used as school buses with seating capacity of not more than 10 includ...

DRIVING COMMERCIAL VEHICLES: ICBC EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Chapter 1: What are the steps to obtain an air brake endorsement? - -Step 1: complete air-brake course- 7 hours in length. (given a certificate or other proof of course completion) Step 2: Study for air-brake endorsement test. Step 3:Apply for an air-brake endorsement at the driver licensing office. *present primary/ secondary ID *Provide proof of air-brake experience *Pay for the knowledge test *Take a...

ICBC Knowledge Test Practice (AUG ) Questions Graded A+ On high-speed roads, your following distance should be at LEAST 3 sec (pg. 73) How much space should you leave beside you while passing a cyclist? A) Allow up to a metre or more between you and the cyclist B) Do not adjust your position in the lane C) You should never pass a cyclist unless they are riding in a designated bicycle lane D)Allow as much as is safely possible. One metre or more. D) One metre or more. (pg. 87) ...

Chapter 1 - Intro - ANSWER List the 5 functions of insurance: - ANSWER1) Spread of risk 2) Basis of credit system 3) Eliminate worry and develop entrepreneurship 4) Loss reduction and prevention (road safety, alarms, etc.) 5) Employment opportunity Definition of insurance (3 parts) - ANSWER1) insurance provides a means of shifting ones financial responsibility from a loss to another party ii) payment will be made only in the event of the happening of a certain risk or peril iii) the ...

Fundamentals to Insurance correctly solved to passChapter 1 - Intro ... List the 5 functions of insurance: 1) Spread of risk 2) Basis of credit system 3) Eliminate worry and develop entrepreneurship 4) Loss reduction and prevention (road safety, alarms, etc.) 5) Employment opportunity 00:39 01:17 Definition of insurance (3 parts) 1) insurance provides a means of shifting ones financial responsibility from a loss to another party ii) payment will be made only in the ...

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