AU 61 Questions with CORRECT Answers
Question:
Flash point:
Answer:
The lowest temperature at which a combustible liquid releases vapors that can be
ignited by a spark or flame.
Question:
Fuel load (fire load):
Answer:
The expected maximum amount of combustible material in a given area of a building,
including both structural elements and contents, commonly expressed in terms of
weight of combustibles per square foot
Question:
4 elements of a fire:
Answer:
Oxygen, fuel, heat, and an uninterrupted chain reaction.
Question:
Noncombustible materials:
Answer:
Burn only at extremely high temperatures. They will burn, but only under extreme
conditions.
Question:
Combustible materials:
Answer:
Burn at typical fire-condition temperatures but do not ignite readily.
Question:
Flammable materials:
Answer:
Ignite easily and burn intensely or have a rapid rate of flame spread.
, Question:
Straight Through Processing (STP):
Answer:
Automated processing of the underwriting transaction from initial application through
policy processing.
Question:
Fee Simple Estate:
Answer:
A full ownership interest in property with the unconditional right to dispose of it.
Question:
This is the least complex form of ownership. A person who owns property in a fee simple
estate has the right to use or sell the property during his or her lifetime. If the property
isn't sold, these rights pass to the owner's estate when the owner dies. Joint Tenancy:
Answer:
A concurrently owned and undivided interest in an estate that transfers to a surviving
joint tenant upon the death of the other.
Question:
Tenancy by the Entirety:
Answer:
This is a special type of joint tenancy available only to a married couple, in which,
through rights of survivorship, upon the death of either spouse, the other takes title to
the whole. Tenancy by the entirety is recognized in only some states.
Question:
Life Tenant (Life Estate):
Answer:
This form of ownership gives a person the ownership right in a property during his or her
lifetime. However, it terminates on the death of the life tenant and cannot be passed to
his or her estate. Every life estate also creates a REMAINDER ESTATE. The remainder
interest is held by a REMAINDERMAN. A life estate may be sold, but ownership of the
property passes to the remainderman on the death of the original life tenant.
Question:
Flash point:
Answer:
The lowest temperature at which a combustible liquid releases vapors that can be
ignited by a spark or flame.
Question:
Fuel load (fire load):
Answer:
The expected maximum amount of combustible material in a given area of a building,
including both structural elements and contents, commonly expressed in terms of
weight of combustibles per square foot
Question:
4 elements of a fire:
Answer:
Oxygen, fuel, heat, and an uninterrupted chain reaction.
Question:
Noncombustible materials:
Answer:
Burn only at extremely high temperatures. They will burn, but only under extreme
conditions.
Question:
Combustible materials:
Answer:
Burn at typical fire-condition temperatures but do not ignite readily.
Question:
Flammable materials:
Answer:
Ignite easily and burn intensely or have a rapid rate of flame spread.
, Question:
Straight Through Processing (STP):
Answer:
Automated processing of the underwriting transaction from initial application through
policy processing.
Question:
Fee Simple Estate:
Answer:
A full ownership interest in property with the unconditional right to dispose of it.
Question:
This is the least complex form of ownership. A person who owns property in a fee simple
estate has the right to use or sell the property during his or her lifetime. If the property
isn't sold, these rights pass to the owner's estate when the owner dies. Joint Tenancy:
Answer:
A concurrently owned and undivided interest in an estate that transfers to a surviving
joint tenant upon the death of the other.
Question:
Tenancy by the Entirety:
Answer:
This is a special type of joint tenancy available only to a married couple, in which,
through rights of survivorship, upon the death of either spouse, the other takes title to
the whole. Tenancy by the entirety is recognized in only some states.
Question:
Life Tenant (Life Estate):
Answer:
This form of ownership gives a person the ownership right in a property during his or her
lifetime. However, it terminates on the death of the life tenant and cannot be passed to
his or her estate. Every life estate also creates a REMAINDER ESTATE. The remainder
interest is held by a REMAINDERMAN. A life estate may be sold, but ownership of the
property passes to the remainderman on the death of the original life tenant.
