Who is an indemnitor - Study guides, Class notes & Summaries

CMIT Exam (200 multiple choice) Questions with Verified Answers A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - CORRECT ANSWER True There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibility, budget and the schedule. ...

Bail Bonds Louisiana Exam With 100% Correct Answers 2023 Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Correct Answer-the party who owes the duty or debt...

CRIS Question and answers rated A+ When one party agrees to indemnify the other party for certain liabilities arising out of the performance of the contract. What is this called? - correct answer An indemnity, or hold harmless, agreement Who is typically the beneficiary of the hold harmless agreement? - correct answer the upstream party 3 categories of indemnity provisions - correct answer broad form, intermediate form, and comparative (or limited) form. How are the three indemnif...

Bail Bond Test Questions With Answers Which of the following is correct regarding compensatory damages ? - ANSWER- compensatory damages pay a victim for his loss which of the following if any is correct regarding punitive damages? - ANSWER- punitive damages are designed to punish the wrongdoer and set an example for others which of the following is correct regarding international torts ? - ANSWER- -a tort is civil wrong committed against an individual -one who commits a tort may be re...

GA Insurance Adjuster Course Exam Questions and Answers 100% Pass Six Special Characteristic of Insurance Contracts - Correct Answer ️️ -Personal, Adhesion, Utmost Good Faith, Aleatory, Unilateral, Condition Coverage F - Correct Answer ️️ -Medical Payments Umbrella - Correct Answer ️️ -An umbrella policy provided liability coverage over and above the normal or base limits of liability in a policy. An umbrella policy is a type of excess policy Risk Transference - Correct Answe...

Bail bond test 1 questions and answers already passed crime of the state which is correct the Governor is the obligee which of the following refers to the party to whom an obligation is owed the obligee who is the obligee in a contract of bail when the crime is against the state Governor of the state what does extradition mean latin to deliver out can a appearance bond to be continued when the defendant is appealing the decision of the court no the bond cannot be continued.a new bond must be...

Florida Claims Adjuster Review Exam Questions and Answers Applies only to a BI or PD which occurs on or after the retroactive date, and for which the claim is received or recorded by an insured or the company during the policy period: A. Occurrence B. Claims-Made C. Operations Completed D. None of the Above - Answer-B. Claims-Made Retroactive date is stated in Declarations and will normally be same date as issuing company's first claims-made effective date for insured. Covers for all...

All Florida County Bail Bonds Exam Questions & Answers | 100% Correct | Latest Update 2024/2025 WHO REGULATES INSURANCE COMPANIES AND INSURANCE AGENTS IN FLORIDA? a) Bail Bond Regulatory Department of Florida b) Chief Financial Officer c) Lexington Insurance Company d) None of the Above b) Chief Financial Officer WHAT IS THE NAME OF THE PERSON IN CHARGE OF THE DEPARTMENT OF FINANCIAL SERVICES; a) Jebb Bushwater b) Jimmy Patronis c) Jeff Atwater d) None of the above b) Jimmy ...

All Florida County Bail Bonds Exam Questions & Answers | 100% Correct | Latest Update 2024/2025 WHO REGULATES INSURANCE COMPANIES AND INSURANCE AGENTS IN FLORIDA? a) Bail Bond Regulatory Department of Florida b) Chief Financial Officer c) Lexington Insurance Company d) None of the Above b) Chief Financial Officer WHAT IS THE NAME OF THE PERSON IN CHARGE OF THE DEPARTMENT OF FINANCIAL SERVICES; a) Jebb Bushwater b) Jimmy Patronis c) Jeff Atwater d) None of the above b) Jimmy ...

Who is an Indemnitor? CORRECT ANSWER-An indemnitor is a co-signer. Co-sign for the bond of the Principle Who is a Principle CORRECT ANSWER-The Principle is the defendant What is a indemnity agreement? CORRECT ANSWER-An agreement signed by both def and indemnitor agreeing to pay and to appear at court on set date. Who is an oblige? CORRECT ANSWER-The oblige is the State of Connecticut Who is the Surety? CORRECT ANSWER-The surety is the bail bond agent posting the bond on behalf of the...