Caib 2 chapter 4 exam Study guides, Class notes & Summaries

CAIB 2 CHAPTER 4 EXAM QUESTIONS AND ANSWERS Define "Endorsement" - Answer ️️ -endorsements change the terms of existing policies Define "Rider" - Answer ️️ -Riders add coverages to those already on the policy What values are insured on a Glass Rider - Answer ️️ -1) Glass 2) Artwork on glass 3) Tape & Foil on glass When would tenants require Glass Riders? - Answer ️️ -tenants may require glass riders when they have assumed responsibility for damage to glass in a lease W...

CAIB 2 CHAPTER 4 EXAM

CAIB 2 CHAPTER 4 EXAM QUESTIONS AND ANSWERS Define "Endorsement" - Answer ️️ -endorsements change the terms of existing policies Define "Rider" - Answer ️️ -Riders add coverages to those already on the policy What values are insured on a Glass Rider - Answer ️️ -1) Glass 2) Artwork on glass 3) Tape & Foil on glass When would tenants require Glass Riders? - Answer ️️ -tenants may require glass riders when they have assumed responsibility for damage to glass in a lease W...

CAIB 2 - CHAPTER 4 miscellaneous endorsement form Exam

CAIB 2 - Chapter 4 Exam Questions and Answers

CAIB 4 Chapter 2 Exam Questions and Answers 100% Pass Organizing involves determining the way the brokerage's activities will be divided into measurable units. Identify the three elements to organizing effectively. - Answer- 1. Creating an Organizational Structure 2. Defining Employee Relationships 3. Establishing Position Descriptions The organizational structure is the skeleton upon which the brokerage grows and interacts. The structure also defines who has authority and responsibilit...

CAIB 4 - Chapter 2 Exam Questions and Answers 100% Pass Identify 3 elements to organizing effectively: - Answer- 1. Creating an organizational structure. 2. Defining employee relationships. 3. Establishing position descriptions. Identify 3 basic forms of organizational structure based on the way authority and responsibility is delegated. - Answer- 1. Line organization 2. Functional organization 3. Line and staff organization Identify which type of brokerage is best suited for a line or...