Surety bond Study guides, Class notes & Summaries

Casualty Insurance Exam Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as - correct answer Coverage under the claims-made form According to the other insurance condition, which of the following are methods used to decide how the claim will be divided? - correct answer Contribution by equal shares or contribution with limits Which of the following limits of liability in a commercial general liability policy is t...

Surety Bond Exam Prep actual questions with accurate answers

NYS Real Estate Exam 2024 Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. - Answer ️️ -Insurance Premiums What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent - Answer ️️ -special agent what...

NC BLET 2023 STATE EXAM SHERIFF SPECIFIC RESPONSIBILITIES UNIT WITH COMPLETE SOLUTIONS 100% No person will be confined in the detention facility without clear _______ ________ - correct answer legal authority Pretrial detainees - correct answer written commitment order is required from the judicial official who conducted the initial appearance before being confined in the detention facility Convicted inmates - correct answer a written commitment order that sets forth the judgement is r...

Florida Bail Bonds State Exam With 100% Correct Answers| Latest Update 2024/2025 elected official responsible for regulation and licensing of bail bondsmen - Answer️️ - Chief financial officer department under the supervision of the Chief Financial Officer - Answer️️ - Florida Dept of Financial Services What chapters of the Florida Statutes govern bail and bail bondsmen? - Answer️️ - Chapters 648 & 903 What effects do the rules of the Chief Financial Officer have on bondsmen?...

CAIB 3 - Chapter 5 - Surety Bonds Questions and Answers 100% Pass What guarantees are provided by various licence and permit bonds? - Answer- 1. Compliance Guarantees 2. Financial Guarantees 3. Credit Guarantees Surety - Answer- -The state of being sure, certain and secure. -"one who undertakes to pay money or to do any other act in event that his (the) principal fails therein." -Promises to answer for the default of the principal. Suretyship - Answer- A guarantee of performance made...

CAIB 3 - Chapter 5 - Surety Bonds Questions and Answers 100% Pass What guarantees are provided by various licence and permit bonds? - Answer- 1. Compliance Guarantees 2. Financial Guarantees 3. Credit Guarantees Surety - Answer- -The state of being sure, certain and secure. -"one who undertakes to pay money or to do any other act in event that his (the) principal fails therein." -Promises to answer for the default of the principal. Suretyship - Answer- A guarantee of performance made...

CAIB 3 - Exam Practice Questions with 100% correct answers Breach of Contract - answerFailure to perform a promise in a contract without legal excuse Trespass - answerUnlawful interference with someone's person, property, or rights False Imprisonment - answerUnlawfully holding someone against their will Easement - answerRight to use another person's land Constructive Total Loss (MARINE INSURANCE) - answerWhen the cost of salvaging cargo is too high compared to its value Freight (MARINE...

AFSB 151 Understanding Surety Bond Basics(solved).

Notary Public 2023 EXAM QUESTIONS AND ANSWERS An employer requests a copy of journal. How should notary respond? - CORRECT ANSWERS Notary must either make copies or superivse the entire copying process. All notary journal entries must include - CORRECT ANSWERS 1. date of notarization 2. time of notarization 3. type of notary performed 4. title of doc notarized 5. information regarding the ID of signer 6. signature of signer 7. right thumbp...