Third party contracts d Study guides, Class notes & Summaries
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AL P&C University of Alabama Study Guide (2023/2024) 100% Pass
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AL P&C University of Alabama Study Guide (2023/2024) 100% Pass 
If a company cancels an auto policy mid-term, the refund will be made on a : 
A. pro rata basis 
B. short rate basis 
C. retroactive basis D. coinsurance basis A. Pro Rata Basis 
What is the term used to describe terminating the insurance relationship at the end of the policy period? 
A. Cancellation 
B. Nonrenewal 
C. Separation D. Exclusion B. Nonrenewal 
Which is the best example of an indirect loss? 
A. Sequential loss 
B. Liabi...
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AL P&C University of Alabama Study Guide Questions and Answers Rated A+
- Exam (elaborations) • 93 pages • 2024
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AL P&C University of Alabama Study 
Guide Questions and Answers Rated A+ 
 
If a company cancels an auto policy mid-term, the refund will be made on a : 
 
A. pro rata basis 
B. short rate basis 
C. retroactive basis 
 
D. coinsurance basis A. Pro Rata Basis 
 
What is the term used to describe terminating the insurance relationship at the end of the policy 
period? 
 
A. Cancellation 
B. Nonrenewal 
C. Separation 
D. Exclusion B. Nonrenewal 
 
Which is the best example of an indirect loss? 
 
A...
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Alabama Property and Casualty Exam Questions and Answers Graded A+
- Exam (elaborations) • 29 pages • 2024
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Alabama Property and Casualty Exam 
Questions and Answers Graded A+ 
 
If a company cancels an auto policy mid term, the refund will be made on 
 
a. pro rata basis 
b. short rate basis 
c. retroactive basis 
 
d. coinsurance basis Pro Rata Basis 
 
What is the term used to describe terminating the insurance relationship at the end of the policy 
period ? 
a. cancellation 
b. nonrenewal 
c. separation 
d. exclusion Nonrenewal 
 
Which is the best example of an indirect loss ? 
 
a. sequential lo...
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Texas Promulgated Contracts CHAMPIONS Exam Correct Answers Latest 2023-2024
- Exam (elaborations) • 55 pages • 2023
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Texas Promulgated Contracts CHAMPIONS Exam Correct Answers Latest . The elements of a valid contract are, competent parties, 
consideration, legal subject matter, in writing, and . 
(a) Default 
(b) Mutual consent 
(c) Property condition 
(d) Recording 
B 
A(n) contract is defined as a contract that 
is binding on the parties, with one or more of the parties having 
contractual duties that have not yet been performed. 
(a) Executory 
(b) Executed 
(c) Bilateral 
(d) Void 
A 
In the business of r...
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CRW2601 EXAM PACK 2024
- Exam (elaborations) • 166 pages • 2023
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CONFIDENTIAL 
THIS PAPER CONSISTS OF 6 PAGES. 
INSTRUCTIONS FOR A PORTFOLIO WITH ASSESSMENT INFO TOOL ON MYUNISA 
PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY BEFORE ANSWERING THE 
EXAMINATION QUESTIONS. 
1. The examination question paper counts 50 marks. 
2. ANSWER ALL the questions. 
3. The duration of the examination is 2 hours. Your portfolio opens 8 February 2021 at 08:00 
and must be submitted via myUnisa on 8 February 2021 on or before 10:00 (Central African 
Time). 
4. This ...
Get paid weekly? You can!
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Texas Promulgated Contracts CHAMPIONS Exam 2023-2024 100% Correct Answers
- Exam (elaborations) • 55 pages • 2023
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Texas Promulgated Contracts CHAMPIONS Exam % Correct Answers. The elements of a valid contract are, competent parties, 
consideration, legal subject matter, in writing, and . 
(a) Default 
(b) Mutual consent 
(c) Property condition 
(d) Recording 
B 
A(n) contract is defined as a contract that 
is binding on the parties, with one or more of the parties having 
contractual duties that have not yet been performed. 
(a) Executory 
(b) Executed 
(c) Bilateral 
(d) Void 
A 
In the business of real es...
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WebCE: Long-Term Care: Programs, Policies, and Partnerships 100% Pass
- Exam (elaborations) • 9 pages • 2023
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WebCE: Long-Term Care: Programs, Policies, and Partnerships 100% Pass What is the Primary Goal of Long Term Care To maintain functionality 
Which of the following most precisely defines the fundamentals of self-care and the basic tasks of life? Activities of daily living 
Long Term Care occurs only in nursing facilities. False 
On what basis are benefits payable under a long term care insurance policy typically triggered? the inability to perform defined ADLs 
A long-term care ombudsman represen...
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TESTBANK FOR Corporate Finance, 3rd Edition by Jonathan Berk and Peter De
- Exam (elaborations) • 1035 pages • 2024
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TESTBANK FOR Corporate Finance, 3rd 
Edition 
by Jonathan Berk and Peter DeMarzo 
Corporate Finance, 3e (Berk/DeMarzo) 
Chapter 1 The Corporation 
1.1 The Four Types of Firms 
1) A sole proprietorship is owned by: 
A) one person. 
B) two of more persons. 
C) shareholders. 
D) bankers. 
Answer: A 
Diff: 1 
Section: 1.1 The Four Types of Firms 
Skill: Definition 
2) Which of the following organization forms for a business does NOT avoid double taxation? 
A) Limited partnership 
B) "C" corpora...
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Adjuster Pro - Florida Certified Adjuster Glossary Exam Questions and Answers
- Exam (elaborations) • 19 pages • 2023
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Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...
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AL P&C University of Alabama Study Guide (A+ GUARANTEED)
- Exam (elaborations) • 37 pages • 2023
- Available in package deal
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- $13.49
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If a company cancels an auto policy mid-term, the refund will be made on a : 
 
A. pro rata basis 
B. short rate basis 
C. retroactive basis 
D. coinsurance basis correct answers A. Pro Rata Basis 
 
What is the term used to describe terminating the insurance relationship at the end of the policy period? 
 
A. Cancellation 
B. Nonrenewal 
C. Separation 
D. Exclusion correct answers B. Nonrenewal 
 
Which is the best example of an indirect loss? 
 
A. Sequential loss 
B. Liability loss 
C. Employ...
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