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AFSB 153 - Assignment 7 Practice Exam Questions And Verified Answers .

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AFSB 153 - Assignment 7 Practice Exam Questions And Verified Answers .AFSB 153 - Assignment 7 Practice Exam Questions And Verified Answers .

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AFSB 153 - Assignment 7 Practice Exam
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Westcoast Realtors furnished a utility payment guarantee This bond secures the payment of a sum of money, similar to the role of an
bond to pay for services and goods used by its various electronic funds transfer bond.
properties. Which one of the following is true regarding
3 multiple choice options
this arrangement?


Which one of these is an example of an indemnity bond? Concessionaire bond

3 multiple choice options




Which one of these is the principal on an income tax The taxpayer
bond? 3 multiple choice options



Which one of these analyses determines whether the Liquidity analysis
applicant has access to cash assets or credit facilities that
3 multiple choice options
would enable it to guarantee payments within the
required time frame?


Which one of these bonds has the potential for long-tail Hazardous waste removal bonds
claims? 3 multiple choice options



Which one of these statements about adverse selection is Sureties face adverse selection risks when the obligee is concerned about the
accurate? principal meeting financial obligations.

3 multiple choice options



Which one of these statements about forfeiture is The risk of forfeiture means that the surety pays the entire bond penalty if the
accurate? principal fails to complete the obligation.

3 multiple choice options



Which one of these is the obligee on an immigration The United States Department of Homeland Security
bond? 3 multiple choice options

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