Pearson vue exam question Study guides, Class notes & Summaries

Pearson Vue Life + Health Insurance Practice Exam Questions And Correct Revised Answers P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: a: irrevocable beneficiary b: revocable beneficiary c: secondary beneficiary - ANSWER : B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A. inde...

pearson vue practice exam questions and answers In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker - Answer- a. included in the listing agreement a lot measuring 110 feet wide by...

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In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement a lot measuring 110 feet wide by 140 feet deep has a required setback of 30 feet in front, 2...

B. Survivor protection, estate creation and conservation, cash accumulation and liquidity What are the personal uses of life insurance? A. Insured protection, estate creation and cash accumulation B. Survivor protection, estate creation and conservation, cash accumulation and liquidity C. Cash accumulation, estate depletion and liquidity D. Beneficiary protection, liquidity, estate creation, and cash accumulation D. Immediately after receiving written proof of loss Upon the submission...

Pearson Vue Exam Questions and Answers 100% Pass Real property interests include... - Answer- an appurtenance that goes with the land. Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements What is a form of ownership that is restricted to husbands and wives? - Answer- Tenancy by the entirety. Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivor owns...

In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker - correct answer a. included in the listing agreement a lot measuring 110 feet wide by 140 feet deep has a required setback of...

Pearson Vue Life Insurance Practice Exam Questions and Answers 100% Pass P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - Correct Answer ️️ -B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contr...

In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement a lot measuring 110 feet wide by 140 feet deep has a required setback of 30 feet in front, 2...

Pearson Vue Life Insurance Practice Exam Questions and Answers