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AFSB - Guías de estudio, Notas de estudios & Resúmenes
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Examen
AFSB 153 PRACTICE TEST EXAM QUESTIONS WITH SOLUTIONS 2025 GRADED A+
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---7marzo 20252024/2025A+
- The obligee on a Packers and Stockyards Act bond is - The federal government 
When third-party liability is included on bonds for homeowners, sureties usually pay 
- Up to the bond penalty. 
Which one of the following is correct regarding pre-executed bonds? - Preexecuted bonds expedite service and reduce delays. 
Which one of the following correctly describes action an underwriter should take 
regarding compliance-only contractors bonds? - Confirm that the contractor has 
property and liability...
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$10.49 Más información
BOARDWALK
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Examen
AFSB 153 FINAL EXAM 2 QUESTIONS WITH SOLUTIONS 2025 GRADED A+
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---15marzo 20252024/2025A+
- hat relationship on individual bonds because 
a. The principals on individual bonds must indemnify the surety in the event of a bond 
loss, while principals on schedule bonds are not required to indemnify the surety. 
b. The principals on a schedule bond do not sign the bond form, so they do not 
personally enter into the contract, even though they are bonded. 
c. The protection provided by the schedule bond of a public official's subordinates 
increases the liability assumed under the indivi...
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BOARDWALK
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Examen
AFSB 153 EVALUATION CORE QUESTIONS WITH SOLUTIONS 2025 GRADED A+
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---11marzo 20252024/2025A+
- Special Rate filing - The surety files a lower rate for a specific bond for group 
members. 
ie. often applies to a license and permit bond that all association members must file. 
Loss reserves - in all surety claims, amount of the expected loss should be the 
basis of reserve estimate 
on some occasions the reserve includes interest rate and lawyer and expert fees 
salvage - after surety has paid claim, it seeks to recover its loss through 
indemnification of the principal and other indemnitor...
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BOARDWALK
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Examen
AFSB 152 Exam Questions and Detailed Answers | New Update
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---143febrero 20252024/2025A+
- AFSB 152 Exam Questions and Detailed 
Answers | New Update 
The tender preparation stage of estimating begins after... - the architect and 
owner solicit bids, when the contractors begin their estimating processes 
To find clarity on payment bond terms, you can... - consult the applicable 
and relatively stable case law that does define the terms 
A surety needs additional information, such as _____________, to adequately 
evaluate the work-backlog risk of granting this bond - the contractor...
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$13.99 Más información
PROFFKERRYMARTIN
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Examen
AFSB 153 Sample Exam Questions and Answers 100% Solved | Rated A+
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--31diciembre 20242024/2025A+Disponible en un paquete
- AFSB 153 Sample Exam Questions and 
Answers 100% Solved | Rated A+ 
The surety relationship includes all of the following parties, EXCEPT: 
a. Surety 
b. Fiduciary 
c. Obligee 
d. Principal - b. Fiduciary 
All of the following are recognized bond terms, EXCEPT: 
a. Noncancelable (open term) 
b. Definite term 
c. Continuous term 
d. Revolving term - d. Revolving term 
In addition to assisting bond applicants to complete applications and 
indemnity agreements, some surety producers 
a. Investigate...
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JOSHCLAY
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Examen
AFSB 152 Practice Exam with Verified Solutions 2024
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---43junio 20242023/2024A+
- AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solutions 2024AFSB 152 Practice Exam with Verified Solu...
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DoctorKen