CPCU 530 Test questions Latest Update 2025-
2026 Exam Questions with 100% Verified Correct
Answers Guaranteed A+
A de facto merger - CORRECT ANSWER: -involves the sale of a company's assets in
exchange for the purchasing company's stock
A junta - CORRECT ANSWER: -is a form of government run by military officers after
assuming control
A trust deed has three parties - CORRECT ANSWER: 1. The borrower
2. The trustee
3. The beneficiary
An Attachment - CORRECT ANSWER: -gives the creditor legal recourse in the event of
payment default
-creates a security interest
Anticipatory breach - CORRECT ANSWER: -this only applies to bi-lateral contracts
Appellate Court - CORRECT ANSWER: -is any court of law that is empowered to hear
an appeal of a trial court or other lower tribunal
-Supreme court is this
Complaint - CORRECT ANSWER: -This must include a requested remedy
Contracts - CORRECT ANSWER: these may be illegal for the following reasons:
---are contray to constitutional law
2026 Exam Questions with 100% Verified Correct
Answers Guaranteed A+
A de facto merger - CORRECT ANSWER: -involves the sale of a company's assets in
exchange for the purchasing company's stock
A junta - CORRECT ANSWER: -is a form of government run by military officers after
assuming control
A trust deed has three parties - CORRECT ANSWER: 1. The borrower
2. The trustee
3. The beneficiary
An Attachment - CORRECT ANSWER: -gives the creditor legal recourse in the event of
payment default
-creates a security interest
Anticipatory breach - CORRECT ANSWER: -this only applies to bi-lateral contracts
Appellate Court - CORRECT ANSWER: -is any court of law that is empowered to hear
an appeal of a trial court or other lower tribunal
-Supreme court is this
Complaint - CORRECT ANSWER: -This must include a requested remedy
Contracts - CORRECT ANSWER: these may be illegal for the following reasons:
---are contray to constitutional law
