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Insurance commissioner is appointed by... - CORRECT ANSWER-the Governor administered by a U.S. state to protect policyholders in the event that an insurance company defaults on benefit payments or becomes insolvent. Producers are prohibited to advertise it's existence to secure business. - CORRECT ANSWER-Guaranty Fund Performed by commissioner to prohibit rates that are excessive, inadequate or unfairly;y discriminatory. - CORRECT ANSWER-Rate Regulation Insurance company should acknowle...

Agreements made by terminally ill persons to sell their life insurance policies at a discount in order to pay medical expenses is called.. - CORRECT ANSWER-viatical settlements Variable life insurance & universal life insurance are similar. Which of these are held exclusively by variable universal life insurance.. - CORRECT ANSWER-Policyowner has the right to select the investments which will provide the the greatest return An accelerated death benefit in PA must be at least what percentag...

The name of the connective tissue that holds bones to other bones to form joints is: - CORRECT ANSWER-Ligaments A strong protein substance that, when broken down, forms bundles that strengthen and give structure to the skin is: - CORRECT ANSWER-Collagen Acids or bases used to adjust the desired product pH level are called: - CORRECT ANSWER-pH adjustors Organic ingredients that bind water and deposit it into the skin is called: - CORRECT ANSWER-Humectants Ingredients responsible for produ...

Heroin was originally marketed as a non addictive substitute for: A. OXY B. MORPHINE (NOT ON ACTUAL CRS TEST) C. CODEINE D. COUGH SYRUP - CORRECT ANSWER-C. CODEINE The type of symptoms associated with withdrawal from any drug are primarily a result of: A. THE QUANTITY OF DRUG USED B. THE LENGTH OF TIME A DRUG WAS USED C. THE AGE WHEN DRUG WAS FIRST USED D. THE TYPE OR CLASS OF DRUG THAT WAS USED (EXAMPLE CI VS CII) - CORRECT ANSWER-D. THE TYPE OR CLASS OF DRUG THAT WAS USED As a CRS,...

Which of the following consumers would be able to derive the most benefit from a reverse mortgage? - CORRECT ANSWER-A couple in their late 60's who need to tap their home equity to help cover their expenses but do not want to sell their house. The FHA functions MOST like? - CORRECT ANSWER-an insurance company According to the Truth-in-lending act, if any "trigger terms" are used in an ad, all of the following disclosures MUST appear in the ad EXCEPT the - CORRECT ANSWERprepayment p...

Inspector's role for public safety - CORRECT ANSWER-provide thorough inspections identifying bridge conditions and defects, prepare condition reports documenting deficiencies Inspector's role for public investment - CORRECT ANSWER-Continually be on guard for minor problems that can become costly repairs. Make recommendations to close a bridge. Inspector's role for Bridge Inspection Program Support - CORRECT ANSWER-Setting up the inspection procedures, frequency of inspections, re...

When driving near a blind pedestrian who is carrying a white cane or walking with a guide dog, you must: - CORRECT ANSWER-stop, yield the right-of-way, and proceed with caution State law requires drivers to use their headlights when they cannot see pedestrians or vehicles on the highway _________ ahead of the vehicle they are operating. - CORRECT ANSWER-1000 feet A driver must park a vehicle _________ away from the curb. - CORRECT ANSWER-no more than 12 inches How many areas of space mus...

structural precast elements - CORRECT ANSWER-slabs, beams, girders, columns, and wall panels why was precast initially developed - CORRECT ANSWER-to save cost and time on construction projects advantages of precast concrete - CORRECT ANSWER-1. convenient casting at ground level 2. mechanization of mixing and pouring procedures 3. able to accomplish the casting under shelter in severe weather conditions precast over sitecast concrete advantages - CORRECT ANSWER-1. able to achieve higher ...

Who places the orders for concrete with the producer? - CORRECT ANSWER-The contractor The minimum normal sampling frequency for the chloride content of structural concrete is: - CORRECT ANSWER-1 per design mix in use from the first day of production and every 30 calendar days or less thereafter. In what moister condition are the aggregates on the approved concrete mix designs? - CORRECT ANSWER-SSD condition The specific gravity of an aggregate is the ratio of its unit weight to the weight...

A mixture of cement and water is called: - CORRECT ANSWER-paste When sand is added to paste it is called: - CORRECT ANSWER-mortar or grout When coarse aggregate is added to mortar, the combination is called ______. - CORRECT ANSWER-concrete ________ make up about 60 to 75% of the volume of concrete - CORRECT ANSWERAggregates The particle size distribution or combined coarse and fine aggregate gradation should have all sizes present in adequate amounts. True or False - CORRECT ANSWER-True. ...

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Which of these persons would require a real estate license? A) Suresh is a full-time employee of a utility company. He negotiates and acquires leases for the company. B) Greta is an attorney who conveys real estate under a power of attorney. C) Jack refers clients to his licensed broker brother and receives a fee from the parties he refers. D) A partnership sells a building owned by the partners. - CORRECT ANSWER-C) Jack refers clients to his licensed broker brother and receives a fee fro...

A seller decided to back out of a sales contract for no good reason. What recourse does the buyer have? - CORRECT ANSWER-To sue for specific performance. What are the primary advantages of PEX piping? - CORRECT ANSWER-PEX piping is able to withstand both high and low temperatures and it is highly resistant to chemicals. How does Planned Unit Development zoning differ from ordinary zoning? - CORRECT ANSWER-I requires that multiple tracts of land be developed according to a single design for...

Market Allocation AKA Territory Allocation - CORRECT ANSWER-An antitrust violation where competitors agree to not compete with each other in specific markets by dividing up geographic areas, types of products, or types of customers Misrepresentation - CORRECT ANSWER-A false statement or lie that can render the contract void Obedience - CORRECT ANSWER-The fiduciary relationship obligates the agent to act in good faith at all times, obeying the client's instructions in accordance with the...

The Quarry Mountain Subdivision requires all properties to have fences that are at least 8 feet tall surrounding each property. This is an example of a zoning restriction. an easement. escheat. a deed restriction. - CORRECT ANSWER-deed restriction In the appraisal process, looking at the number of recreational facilities, the distances to schools and adequacy of public transportation is called demographic analysis. market data approach. neighborhood analysis. comparative market analys...

When the agency relationship has been terminated, the licensee is no longer considered the principal's agent but still owes which of the following duties to the principal? - CORRECT ANSWER-Accounting With which of the following can a broker NOT enter into a single agency agreement? - CORRECT ANSWER-Seller and buyer A person who is empowered to act on behalf of another is called? - CORRECT ANSWER-An agent When the agency relationship has been terminated, the licensee is no longer consi...

marital status - CORRECT ANSWER-Not protected by Fair Housing Act Blockbusting - CORRECT ANSWER-telling homeowners that property values will be declining because of ethical/racial makeup is changing flat, paved parking lot - CORRECT ANSWER-real estate put to its highest use puffing - CORRECT ANSWER-"This is the most prestigious street in town" $5,000 - CORRECT ANSWER-maximum fine for first offense name and broker - CORRECT ANSWER-an individual advertisement needs... statement that t...

Which of the following is NOT a condition of the safe harbor test? - CORRECT ANSWER-Gross income must be based on hours worked. A shopping center would be primarily categorized as what type of property? - CORRECT ANSWER-Commercial All of the following are true statements about goals except which one? - CORRECT ANSWER-Once you set a goal you should never change it. Broker Alice has hired several independent contractors in her firm. Which of these activities does she have control over? - CO...

1. Which of the following is true? A. All leases must be in writing and signed by both parties B. Leases for over a year must be in writing and signed by the lessor C. Residential leases need not be in writing, unless the security deposit is greater than the equivalent of six months' rent D. Residential leases don't have to be in writing, but commercial leases do - CORRECT ANSWER-B 2. Broker Jones operates her brokerage business under the name Glorious Realty. She registered a fict...

It is crucial licensees follow property disclosure requirements. Failure to do so can result in a licensee losing his or her license and/or - CORRECT ANSWER-facing a lawsuit. The Statute of Frauds requires that certain contracts must be in writing to be - CORRECT ANSWER-enforceable. Properties that have existing easements could be viewed as - CORRECT ANSWERless desirable. What do you call a person who obtains information, advice, or services concerning real estate from a real estate licens...