Payment bonds - Study guides, Class notes & Summaries

1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI - ANS - B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond D) a person who is not licensed. - ANS - A) person who charges a ...

New York State General Adjuster 17-70 Exam 2023-2024 With 100% Complete solutions An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? {{Correct Ans- Employers non-ownership coverage. This coverage protects the employer and not the employee. The employee is covered unde...

LPL4804 PORTFOLIO MEMO - OCT./NOV. 2023 - SEMESTER 2 - UNISA - DUE 16 OCTOBER 2023 - DETAILED ANSWERS WITH FOOTNOTES & BIBLIOGRAPHY- DISTINCTION GUARANTEED! Question1 1.1. Explain why deeds that are lodged for execution in South Africa's deeds registry are linked? 1.2 What is a conveyancer? 1.3. Who may legally sign the preparation certificate of a certificate of registered title? 1.4. Under what circumstances may the state be held liable for a loss incurred by an innocent t...

The two main types of construction are heavy and highway construction and The general building trades Dramatic increase in project size, taking work in new geographical areas, moving into new types of construction, and lack of management maturity are all factors that can result in Contractor failure The Miller Act requires a contractor on a federal construction project to post two bonds, a performance bond and a Labor and material payment bond Contractors would typically be granted reli...

Adjuster Pro Exam 2024 Questions and Answers John is doing some lawn maintenance using a steel blade on his weed-whacker. He fails to properly tighten the blade and it comes loose while he is trimming some tall grass at the edge of his property. The blade flies off towards his neighbor's house and crashes into the HVAC unit, severing the lines and effectively destroying the unit. Which coverage in John's homeowners policy might pay for the damage he caused to his neighbor's HVAC system?...

McGraw -Hill’s Taxation of Business Entities 2023 Edition, 14e Brian Spilker (Solutions Manual). Solutions Manual - Taxation of Individuals and Business Entities, by Spilker et al. Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGrawHill Education. Chapter 1 Business Income, Deductions, and Accounting Methods SOLUTIONS MANUAL Discussion Questions 1. [LO 1] What is an “ordinary and necessary” busines...

Vivian buys a life insurance policy in which the insurer pays policyholders dividends based on how well the life insurer is doing. If the insurer is profitable, Vivian will receive dividends. If the insurer underperforms financially, Vivian and other policyholders will receive fewer dividends. Indicate the type of insurance policy Vivian purchased. A. Variable life insurance. B. Participating life insurance. C. Limited-pay life insurance. D. Non-participating life insurance - B. Participa...

FIN 537 Exam #1 Study Guide banks commercial - ANSWER-highly regulated financial institutions that deal with money and provide financial services; - deal mostly with ______ banks that accept deposits and provide loans intermediaries asset transactions - ANSWER-Banks are ________ between borrowers and savers - provide ______ transformation - provide financial ________ services valuable transactions - ANSWER-In ancient times, wealth was stored in the form of something _______ such ...

Vivian buys a life insurance policy in which the insurer pays policyholders dividends based on how well the life insurer is doing. If the insurer is profitable, Vivian will receive dividends. If the insurer underperforms financially, Vivian and other policyholders will receive fewer dividends. Indicate the type of insurance policy Vivian purchased. A. Variable life insurance. B. Participating life insurance. C. Limited-pay life insurance. D. Non-participating life insurance - B. Participa...

Chapter 3 The Balance Sheet and Financial Disclosures True/False Questions 1. The balance sheet reports a company's financial position at a point in time. Answer: True Level of Learning: 1 Easy Learning Objective: 03-01 Topic Area: Balance sheet–Usefulness-Limits-Elements Blooms: Remember AACSB: Reflective thinking AICPA: BB Critical thinking AICPA: FN Measurement 2. A company’s market value is generally less than its book value. Answer: False Level of Learning: 1 Easy Learning...