Otl exam questions - Study guides, Class notes & Summaries

OTL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ c. Spread the losses of a few over many - The main function of insurance is to a. Provide total security for everybody b. Provide a pool of capital so everyone who suffers a loss can be indemnified c. Spread the losses of a few over many d. Provide an aid to credit d. Forfeiture - The loss of a right as a result of the non-performance of some obligation is called a. Waiver b. Non-waiver c. Scienter d. Forfeiture b. Stock companies - W...

OTL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ List the five (5) elements of a contract. - Agreement Consideration Genuine Intentions Capacity to Contract Legality of Purpose Name the three (3) elements specific to insurance contracts. - Indemnity Insurable Interest Utmost Good Faith What are the three (3) ways Actual Cash Value (ACV) can be determined? - Cost to repair or replace less depreciation Fair market value Consideration of all relevant evidence of the value of the dama...

OTL Practice Exam A Questions and Answers 100% Pass Which of the following is not a definition of "Certificate of Insurance"? a) It does not certify the existence of insurance. b) May be a modified form of a policy. c) Issued as a convenience to a party who may have interest in the insurance. d) None of the above. - Answer- a) It does not certify the existence of insurance. The Casualty Department underwrites: a) Homeowner policies. b) Marine risks. c) Business property and stock. d...

OTL FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ What is eisegesis? The attempt to force our own meaning onto the words of the bible. Which of the following is not a test for canonicity of Old Testament books? Written by an eyewitness to the events What is source criticism? The idea that the Bible cannot be trusted since we could never know the source of every word of the text What books are contained in the Tanak? The Law, the prophets, writings, and OT An interpreti...

OTL EXAM PRACTICE QUESTIONS & ANSWERS. GRADED A+/ VERIFIED/ Which exclusion is commonly found in the personal liability coverage of a homeowners policy? a. Damage caused to a neighbour's home b. Bodily injury caused because of negligence c. Damage caused to a neighbour's automobile d. Bodily injury caused by a criminal act - d. Bodily injury caused by a criminal act What type of coverage does a mobile home policy provide? a. Named perils on the building and contents, excluding damage...

OTL EXAM #3 (INTRO TO POETRY - MALACHI) EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ How much of the OT is written in poetic form? - -One third Poetry can be found in how many books in the bible? - -61; all but five books. What is the purpose of poetry? - -to facilitate retention and to express beauty, emotion, and worship. Wisdom Books - -Job, Proverbs, Ecclesiastes Hymnic Books - -Psalms, Song of Solomon Styles of poetry - -Lyrical, Didactic, and Dramatic Lyrical (Psalms) - -normall...

OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.OTL PRACTICE EXAM C QUESTIONS AND ANSWERS RATED A.

OTL EXAM REVIEW QUESTIONS & ANSWERS, GRADED A+/ VERIFIED/ A contract is an agreement enforceable at law. Under common law, which 3 of the 5 conditions of a contract determine it's enforceability: A) Agreement, consideration and capacity to contract. B) Consideration, capacity to contract and legality of purpose. C) Agreement, genuine intentions and legality of purpose. D) Genuine intentions, consideration and capacity to contract. - B) Consideration, capacity to contract and legali...

OTL Practice Exam A Questions and answers, rated A+ a) It does not certify the existence of insurance. - -Which of the following is not a definition of "Certificate of Insurance"? a) It does not certify the existence of insurance. b) May be a modified form of a policy. c) Issued as a convenience to a party who may have interest in the insurance. d) None of the above. d) Accident and Sickness, Crime and Robbery. - -The Casualty Department underwrites: a) Homeowner policies. b) Mari...

JFO Primer Exam Questions With Verified And Updated Solutions. 6 elements of CFF - answerobserver identification warning order target location target description method of engagement method of fire and control Danger close for naval gunfire - answer750m Describe OTL - answerImaginary straight line between the observer and target How to compute OT Factor - answerDivide your distance in meters by 1000 and round to the nearest whole number. Ranger close for artillery - answerCloser than...