Simulated exam Study guides, Class notes & Summaries

In a DPP, a general partner is all of the following except A. a key executive who makes day-to-day business decisions. B. one who buys and sells the program's property. C. one who appoints the property manager. D. one who has limited liability. correct answers One who has limited liability A general partner of a limited partnership is a key executive of the program who purchases and sells the property and/or appoints someone to manage the property. The general partner does not have lim...

AFSB 152: Simulated Exam - Questions & Answers

Dental Hygiene Prometric Exam, CSCE, CSCE, 2 Dental Hygiene Prometric 2, Computer Simulated Dental Hygiene Exam, Dental Hygiene Prometric Exam CDCA, Dental Hygiene Computer Simulated Case Test | REVISED EDITION 2024/25

ARM 400 Simulated Exam Questions and Answers 100% Correct | Latest Update 2024

AINS 101 Simulated Exam Practice Questions and Answers 1: What does AINS stand for in the context of insurance education? - correct answer - AINS stands for Associate in General Insurance. 2: What is the primary purpose of insurance? - correct answer - The primary purpose of insurance is to transfer risk from an individual or entity to an insurance company. 3: What are the four elements of a legally binding insurance contract? - correct answer - The four elements are offer and acceptan...

Examfx Life Simulated Exam A business owner was trying to obtain a bank loan to fund the purchase of a new business facility, but the bank required proof of additional assets to secure the loan. The business owner then decided to use her $250,000 life insurance policy to secure the loan. Which provision makes this possible? - Collateral Assignment Which of the following would be considered a nonmedical insurance application? - An application on which the medical information is complete...

AFSB 152 Simulated Exam Questions with complete verified solutions 2024

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) describes internal control as consisting of five essential components, one of which is risk assessment. This component considers management's efforts to identify and analyze risks relevant to achieving predetermined objectives. One of the strategic objectives for Cromley Insurance Group is customer satisfaction. Which one of the following is a critical success factor (CSF) that would help refine this strategic objecti...

NUR 202 ExamFX Pennsylvania life and health ExamFX simulated Exam Questions and Answers. 1. An employee becomes insured under a PPO plan provided by his employer. If the insured decides to go to a physician who is not a PPO provider, which of the following will happen? ANS: The PPO will pay reduced benefits 2. Insurers may change which of the following on a guaranteed renewable health insurance policy? ANS: Rates by class 3. If a business wants to buy a disability income policy on a key em...