General obligation bonds Study guides, Class notes & Summaries

AFSB 151 EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ fidelity bonds - -bonds that historically have guaranteed the performance of obligations that do not arise from contracts performance bonds - -a contract bond guaranteeing that a contractor's work will be completed according to plans and specifications payment bond - -a contract bond guaranteeing that the project will be free of liens public official bond - -a commercial surety bond guaranteeing that a public official will perform hi...

AAAE CM Exam with complete solutions The Airport Executive must balance these 2 conflicting philosophies - Answer ️️ -1. Airport is a Public Entity 2. Airport is a business enterprise and a place for commerce Sponsor vs. Manager - Answer ️️ -Sponsor-Policy establish policy set goals execute contracts Manager-Doer/worker Implement policy Run day to day airport enforces rules Airport Management Primary Duty is _______________ - Answer ️️ -Safe, Secure, Efficient Ops Part ...

AFSB 151 PRACTICE EXAM REVIEW QUESTIONS & ANSWERS, VERIFIED/ Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? - -Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay - -Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The c...

UGBA 10 - Module 1Secured Loan (Asset-Backed Loan) - correct answer Loan to finance an asset, backed by the borrower pledging the asset as collateral to the lender Collateral - correct answer Asset pledged for the fulfillment of repaying a loan Loan Principal - correct answer Amount of money that is loaned and must be repaid Interest - correct answer Fee paid to a lender for the use of borrowed funds Annual Percentage Rate (APR) - correct answer One-year rate that is charged for the ...

Surety bond ANSWER- A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Obligee ANSWER- The party to a surety bond that receives the surety's guarantee that the principal will fulfill an obligation or perform as promised. Principal ANSWER- The party to a surety bond whose obligation or performance the surety guarantees. Surety ANSWER- The party (usually an insurer) to a surety bond that guarantees to the oblige that...

AFSB 151 Practice Exam Questions and Answers Fully solved Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay Up to the bond penalty, but no more than the obligee's actual loss amount Brainpower Read More Previous Play Next Rewind 10 seconds Move forward...

AFSB 151 Practice Exam Questions Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? ANSWER- Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay ANSWER- Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The contract require...

AFSB 151 EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ fidelity bonds - -bonds that historically have guaranteed the performance of obligations that do not arise from contracts performance bonds - -a contract bond guaranteeing that a contractor's work will be completed according to plans and specifications payment bond - -a contract bond guaranteeing that the project will be free of liens public official bond - -a commercial surety bond guaranteeing that a public official will perform ...

ARE 5.0 PjM Questions and Answers with Verified Solutions Partnering A method of managing a project where various stakeholders in the project all participate in the decision making process What should a PM consider when selecting its internal team? The type and complexity of the project, the size of the project, staff availability, experience levels, billing rates, personalities What are the 2 methods of scheduling a project? Bar char or Gantt chart & critical path Most common m...

ARE 5.0: PA Questions and Answers Already Passed A project site has 50,000 sf of land and 10,000 sf of gross building floor area. The zoning ordinance has a required ratio of 3 sf of parking area to 1 sf of gross building area. How many parking spaces are required at 400 sf/car? 75 3:1 = ___:10,000 30,000/400 = 75 general amount of square footage dedicated to parking space 300-400 sqft (350 sqft is best to use in equations) typical drive aisle width in a parking lot 24 feet typical parking ...