SC appraiser license exam 2023/2024 with 100% complete answers

Punishment for embezzlement correct answersfines and possible imprisonment (up to 15 years Know who administers punishment of U.S. Section 1033. correct answersSC Attorney General Insurance Commissioner/Director Duties and Powers correct answers30 day public notification for hearings/meetings Can suspend, revoke, and cancel licenses Process of Appraisal correct answerswhen the insured and insurer disagree, can invoke appraisal Umpire is correct answersun-biased, disinterested and competent what age to become appraiser correct answers18 Depreciation correct answersreduction of value due to age and use Responsibilities of the insured correct answersallow the insurer to inspect and appraise the damaged property Owner of the salvage correct answersis the insurer Purpose of the salvage correct answersminimize the cost of the claim actual insurance payment is correct answersa settlement Draft authority correct answersis required to settle a claim