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Exam (elaborations)
FL Adjusters License exam with 100% correct answers 2024
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--42November 20242024/2025A+Available in bundle
- Which of the following is NOT one of the four critical elements of a contract? 
 
(A) A mutual understanding and agreement with the terms of the contract. 
 
(B) Written evidence of the agreement and its terms. 
 
(C)A legal purpose. 
 
(D)Consideration, consisting of money or a promise of performance. correct answers (B) Written evidence of the agreement and its terms. 
 
Assume that five years ago a couple insured their home for [its then appraised value of] $60,000. Two weeks ago they had a ...
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compassionellison
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Exam (elaborations)
FL Adjusters License Practice Exams Questions with 100% Verified Correct Answers
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---59September 20242024/2025A+
- FL Adjusters License Practice Exams Questions with 100% Verified Correct Answers 
Which of the following is NOT one of the four critical elements of a contract? 
 
(A) A mutual understanding and agreement with the terms of the contract. 
 
(B) Written evidence of the agreement and its terms. 
 
(C)A legal purpose. 
 
(D)Consideration, consisting of money or a promise of performance. - Correct Answer (B) Written evidence of the agreement and its terms. 
 
Assume that five years ago a couple insur...
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Winfred
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Exam (elaborations)
FL Adjusters License Exams With Verified And 100% Correct Answers
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--42December 20232023/2024A+Available in bundle
- FL Adjusters License Exams With Verified And 100% Correct Answers
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$20.79 More Info
Vendarsol
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Exam (elaborations)
FL Adjusters License Practice Exams 2023 100% Correctly Answered
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--42November 20232023/2024A+Available in bundle
- FL Adjusters License Practice Exams 
2023 100% Correctly Answered 
Which of the following is NOT one of the four critical elements of a contract? 
(A) A mutual understanding and agreement with the terms of the contract. 
(B) Written evidence of the agreement and its terms. 
(C)A legal purpose. 
(D)Consideration, consisting of money or a promise of performance. - CORRECT 
ANS (B) Written evidence of the agreement and its terms. 
Assume that five years ago a couple insured their home for [its the...
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Courseinstructor
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Exam (elaborations)
ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE
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--15November 20232023/2024A+Available in bundle
- ADJUSTER PRO - INSURANCE ADJUSTER 
EXAM | WITH QUESTIONS & ANSWERS | GRADED 
A+ | UPDATE 
What is insurance? - protection against financial loss 
what is a premium - a scheduled amount to be paid for an insurance policy. 
What are premiums used for - premiums are collected into a "pool" or "reserve to pay out 
claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - the insurer 
collects premiums from all policy holders and uses them to pa...
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Graders
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Exam (elaborations)
ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023- 2024 UPDATE
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---24November 20232023/2024A+
- ADJUSTER PRO - FLORIDA CERTIFIED 
ADJUSTER GLOSSARY EXAM | WITH 
QUESTIONS & ANSWERS | GRADED A+ | 2023- 
2024 UPDATE 
Accumulated Depreciation Correct Answer: The total decrease in an item's 
value over a period of time. Formula: (Annual Depreciation x Number of years 
used) 
Actual Cash Value (ACV) Correct Answer: A valuation method used by insurers 
to reflect an item's current market value right before being damaged or 
destroyed. Formula: (Replacement cost - Accumulated Depreciation...
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Graders
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Exam (elaborations)
ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE
-
--13November 20232023/2024A+Available in bundle
- ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH 
QUESTIONS & ANSWERS | GRADED A+ | UPDATE 
What is insurance? Correct Answer: protection against financial loss 
what is a premium Correct Answer: a scheduled amount to be paid for an insurance policy. 
What are premiums used for Correct Answer: premiums are collected into a "pool" or "reserve 
to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? Correct 
Answer: the insurer collect...
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$8.49 More Info
Graders
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Exam (elaborations)
FL ADJUSTERS LICENSE PRACTICE EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE
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---43November 20232023/2024A+
- FL ADJUSTERS LICENSE PRACTICE EXAM | 
WITH QUESTIONS & ANSWERS | GRADED A+ | 
 UPDATE 
Which of the following is NOT one of the four critical elements of a contract? 
(A) A mutual understanding and agreement with the terms of the contract. 
(B) Written evidence of the agreement and its terms. 
(C)A legal purpose. 
(D)Consideration, consisting of money or a promise of performance. Correct Answer: (B) 
Written evidence of the agreement and its terms. 
Assume that five years ago a couple insured...
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$10.49 More Info
Graders