Study guides, Class notes & Summaries

A whole life policy that provides a choice of dividend options include the following statement about dividends they accrue at a guaranteed rate they are deferred for one year they are not guaranteed they are guaranteed after the first year - correct answer they are not guaranteed When there is a named beneficiary on a life insurance policy, the death benefits 1. are directed to a trustee if the insured has any outstanding debts 2. are paid directly to the insured`s credito...

What does Title 4 cover? Correct Answer Alcoholic beverages In Titel 4 who is the department? Correct Answer Department of Liquor What covers distilled spirits? Correct Answer Hard liquor (brandy, vodka) Whta is Spiritous Liquor? Correct Answer All distilled spirits plus beer and wine What is the legal drinking age? Correct Answer 21 When is it legal to have a patio not next to the premise that serves alcohol? Correct Answer Cannot exceed 30 feet and seperated by a public or priva...

A Private Club Series 14 license has ______. Correct Answer only on-sale privileges The ______ operates independently from the Director of Department of Liquor Licenses and Control, but is housed within the department. Correct Answer Arizona State Liquor Board Liquor Store Series 09 licensees are allowed to sell beer from the tap for off-premises consumption (in growlers). True or False? Correct Answer True. However, growlers cannot be sold at a drive-up service window. An off-sale lice...

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