Afsb 152 Study guides, Class notes & Summaries

AFSB 152: Simulated Exam - Questions & Answers

2024 AFSB 152 ACTUAL EXAM WITH 200 REAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS / AFSB 152 THE INSTITUTES PRACTICE REAL EXAM LATEST VERSION (NEW!!) One of the parts of an analysis that underwriter Joe Muller is assessing for Rayfield Construction (RC) is its backlog to help the surety make a decision on further bonding opportunities with this contractor. Joe is reviewing RC's backlog to working capital ratio. He notes that the calculation used a backlog amount of $6,000,000 and...

AFSB 152 AFSB 152 - The Institutes Practice Exam 850 Questions Latest Update Questions and 100% Verified Correct Answers Guaranteed A+ At First Attempt

AFSB 152 – exam-with 100% verified solutions

AFSB 152 Exam Questions and answers latest update 2024

AFSB 152 Exam Questions and Answers 100% Solved 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 workbacklog risk of granting this bond ️️the contractor...

AFSB 152 Exam Questions and Answers 100% Solved What does the premium to surplus ratio indicate? ️️o Can show how much the capacity has to withstand underwriting miscalculations o More premiums written, the higher the ratio, and more cause for concern o Underwriting/investment losses cause a decrease in policyholders' surplus, and causes increase in ratio Suretyship ️️An obligation to pay the debts of, or answer for the default or miscarriage of another Benefits to Project ...

AFSB 152 - The Institutes Practice Exam Questions Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? · Heavy and highway construction · General Engineering contractor · General Building contractor · Design/build contractor - Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Highville Municipal Property Compan...

AFSB 152 Exam With 100% Correct Answers 2023 Surety bond - Correct Answer-A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Surety - Correct Answer-The party (usually an insurer) to a surety bond that guarantees to the oblige that the principal will fulfill an obligation or perform as required by the underlying contract, permit, or law. Obligee - Correct Answer-The party to a surety bond that receives the surety's g...

AFSB 152 – exam-with 100% verified solutions