In property insurance ind Study guides, Class notes & Summaries
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![PROPERTY AND CASUALTY EXAM PREP QUESTIONS AND ANSWERS 2024 ALREADY GRADED A+.](/docpics/5019151/661eb1298f491_5019151_121_171.jpeg)
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PROPERTY AND CASUALTY EXAM PREP QUESTIONS AND ANSWERS 2024 ALREADY GRADED A+.
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Bailee 
An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage 
 
 
 
Hazard 
Something that increases the chance or likelihood of a loss occuring. 
 
(physical or moral or morale) 
 
 
 
Market Value 
A property policy provision that changes the valuation method otherwise applicable (ACV or RV) to a valuation method that allows reimbursement to the insured, according to the price a willing buyer would pay for ...
![CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers,100% CORRECT](/docpics/2866636/6480c71d49128_2866636_121_171.jpeg)
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CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers,100% CORRECT
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CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers 
 
Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) 
 
Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ 
 
Larger ratio is better 
 
If (Rₜ) is risk free rate, then it becomes Sharpe Ratio 
 
Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ 
 
Larger ratio is better 
 
If (Rt) is higher than RFR, then it becomes Safety First Ratio 
 
Centra...
![IDAHO Property and Casualty Exam Questions & Answers Graded A+](/docpics/3927429/656739a3bf1d6_3927429_121_171.jpeg)
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IDAHO Property and Casualty Exam Questions & Answers Graded A+
- Exam (elaborations) • 21 pages • 2023
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Bailee - Answer An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage 
 
Hazard - Answer Something that increases the chance or likelihood of a loss occuring. 
 
(physical or moral or morale) 
 
Market Value - Answer A property policy provision that changes the valuation method otherwise applicable (ACV or RV) to a valuation method that allows reimbursement to the insured, according to the price a willing buye...
![Compucram questions with correct answers](/docpics/3119182/64be39a5d7874_3119182_121_171.jpeg)
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Compucram questions with correct answers
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An objective of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is to Answer eliminate unfair practices relating to compensation paid to mortgage loan originators. 
 
The Federal Reserve Board crafted a ruling, the Federal Reserve Loan Originator Compensation Rule, which, as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, set standards to prevent unfair practices by mortgage loan originators related to compensation paid by borrowers. 
 
Lo...
![PROPERTY AND CASUALTY STATE FARM EXAM QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+](/docpics/5759310/668583588d2b9_5759310_121_171.jpeg)
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PROPERTY AND CASUALTY STATE FARM EXAM QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+
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PROPERTY AND CASUALTY STATE FARM EXAM QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+ 
 
Warranties (GI) 
Statements made in an application for insurance or material stipulations in the policy that are guaranteed as true in all respects. 
Waiver (GI) 
The voluntary abandonment of a known or legal right or advantage. 
Agent (IL) 
An insurance licensed producer appointed by an insurer to represent that company to present policies on its behalf. 
Agent Residence (IL) 
Resident Agent - producer who resi...
![TN Affiliate Broker Law exam with 100% correct answers](/docpics/5122760/662d028e3655d_5122760_121_171.jpeg)
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TN Affiliate Broker Law exam with 100% correct answers
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TN RE laws and regulations are primarily contained in: 
1. The TN RE Broker Act of 1973 
2. Rules of the TN RE CommissionUni 
 
 
 
Other laws relevant to RE licensees include: 
Uniform Landland and Tenant Act 
Horizontal Propert Act 
Notice of Completion Statute 
TN Lead-based Paint Certification Act of 1997 
Hazardous Waste Mgt Act of 1983 
TN Consumer Protection Act of 1977 
TN Anti-trust Law 
Conveyances of Property 
Time-share Programs and Vacation Clubs 
Human Rights 
 
 
 
What is the pur...
![SOCRA - CCRP (high level) Questions and Answers (100% Correct Solutions)](/docpics/3564565/651edf2c574b5_3564565_121_171.jpeg)
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SOCRA - CCRP (high level) Questions and Answers (100% Correct Solutions)
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Nuremberg Code (1947) 
A research ethics code that arose in response to the Nazis' inhumane experimentation (nuremberg trials) - holocaust, racial hygiene / eugenics / master race. 
 
 
The Nuremberg Code - 10 points 
1. voluntary 
2. necessary for results 
3. logical design and results 
4. avoid unnecessary harm 
5. cannot result in death or disablement 
6. risk assessment 
7. protect subjects against harm 
8. qualified investigators 
9. right to withdrawal 
10. right to end trial if needed 
 ...
![Utah Property and Casualty Exam Questions & Answers Graded A+](/docpics/3934615/65687a01e5ee1_3934615_121_171.jpeg)
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Utah Property and Casualty Exam Questions & Answers Graded A+
- Exam (elaborations) • 21 pages • 2023
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Bailee - Answer An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage 
 
Hazard - Answer Something that increases the chance or likelihood of a loss occuring. 
 
(physical or moral or morale) 
 
Market Value - Answer A property policy provision that changes the valuation method otherwise applicable (ACV or RV) to a valuation method that allows reimbursement to the insured, according to the price a willing buye...
![Fundamentals of corporate finance Exam Questions and Answers](/docpics/4764553/65f6d5bf22df9_4764553_121_171.jpeg)
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Fundamentals of corporate finance Exam Questions and Answers
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Fundamentals of corporate finance Exam 
Questions and Answers 
capex decisions - Answer- capital expenditure decision:decisions to invest in 
tangible/intangible assets 
capex - Answer- Capital Expenditure-land,property, equip, long term real assets 
free cash flow - Answer- Cash available once the firm has covered it's capital 
expenditures 
financing decisions - Answer- concerned with the ways in which firms obtain and 
manage long term financing to acquire and support their productive assets...
![Property and Casualty Exam questions and answers well illustrated.](/docpics/3793937/654b7237383c7_3793937_121_171.jpeg)
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Property and Casualty Exam questions and answers well illustrated.
- Exam (elaborations) • 13 pages • 2023
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Property and Casualty Exam questions and answers well illustrated. 
 
 
 
 
 
 
 
 
 
 
 
Bailee - correct answers.An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage 
 
Hazard - correct answers.Something that increases the chance or likelihood of a loss occuring. 
 
(physical or moral or morale) 
 
Market Value - correct answers.A property policy provision that changes the valuation method otherwise applica...
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