Imora

What does an asterisk following a number or letter indicate? - ANSWER-Annex Reference What test must be done to prove that the masonry if tight before putting the chimney into use? - ANSWER-Smoke Test Can a solid fuel burning appliance be installed in a garage? - ANSWER-No If a chimney is lined and the liner connects to the heating appliance can the space around the liner inside the chimney be used to vent another appliance? - ANSWER-No Can a masonry chimney support any load other th...

The maximum number of trainee plumbers that are permitted to work under the direct supervision of a master or journeyman plumber is _____ - ANSWER-3 The Authority Having Jurisdiction shall be notified that work is ready for inspection not less than_____hours before the work is to be inspected. - ANSWER-24hrs A plumbing permit is not required _____ - ANSWER-For Cleaning stoppages A newly hired trainee needs to apply for his or her apprentice licensed within_____business days. - ANSWER-10...

The purpose of the Maine Real Estate Commission is to: A. Sanction licensees who break the law. B. Promote public understanding and confidence in the business of real estate brokerage. C. Make laws that govern the practice of real estate in Maine. D. Refer all violations of real estate law to the state's Attorney General. - ANSWER-B. Promote public understanding and confidence in the business of real estate brokerage.

What must you do if you notice code violations in a homeowners house? - ANSWER-Notify them and recommend ways to address them What must be done when performing an annual tune-up on a heating system? - ANSWER-A combustion efficiency test and a copy must be posted on site Whenever a furnace, direct fired hot water heater, or boiler is installed the total installation must be brought into compliance with what requirements BEFORE appliance can be fired? - ANSWER-NFPA 31 When an emergency arises t...

When I get my guide license, I no longer have to purchase a hunting or fishing license in the state of Maine. - ANSWER-False What license(s) would I need to guide a client fishing for stripers on salt water? - ANSWER-USCG Captain's License - Tidewater Fishing Which license(s) would I need to guide day trips in sea kayaks on inland waters? - ANSWER-Recreational Which license(s) would I need to guide overnight trips in sea kayaks on the ocean? - ANSWER-Sea Kayaking What license(s) w...

A metes and bounds description of real property relies on: - ANSWER-a point of beginning, measurement of distances, and directions on a compass. Fee simple ownership describes: - ANSWER-current ownership. A life estate interest describes: - ANSWER-future ownership. Which of the following statements about Susan, the tenant of a life estate, is TRUE? - ANSWER-She may sell her interest to Phillip, who would then hold the life estate until Susan dies. Which of the following is NOT an ele...

Any existing code violations must be reported to the ___ in writing - ANSWER-owner All gas fired burner must be installed with a properly installed and operating ___ (what shuts off the system when there isn't proper water flow) - ANSWER-low water cut-off Where is the low water cut off never installed? - ANSWER-Below the crown sheet Where may the low water cut off be installed if not directly in the boiler? - ANSWER-On the main supply line (vertical riser) as close to boiler as possi...

Upon request, the supervising master oil and/or solid fuel burning technician must provide what? (3.1.2.3) - ANSWER-A signed affidavit documenting all practical experience performed by an apprentice or journeyman under the master oil and/or solid fuel burning technician's supervision (pg 4) A master oil and/or solid fuel burning technician cannot do what? (3.1.2.4) - ANSWER-A master oil and/or solid fuel burning technician cannot supervise an apprentice or journeyman whose license authorit...

When more than 2 90° elbow's are required in a vent connector, the maximum capacity of the connector shall be reduced for each additional 90° elbow by? - ANSWER-10% NFPA 54 13.2.7 What is the minimum test pressure that can be used for testing newly installed gas piping? - ANSWER-1 1/2 times the working pressure. Not less than 3 psi NFPA 54 8.1.4.2 What is the minimum vertical distance to the bottom of a combustion air intake located on the exterior of a building above adjacent f...

Maximum length of unsupported FMC is? - ANSWER-3' Maximum amperage of a #14 awg conductor is? - ANSWER-15 Ground wires are usually what color? - ANSWER-Green and Bare When testing electrical circuits for a complete path of current what is the term? - ANSWER-Continuity OHMS represents what electrical term? - ANSWER-Resistance What is the minimum number of switches for oil fired appliances? - ANSWER-3 Sheathed cable must be supported within what distance from a connection? - A...

Subrogation Clause- - ANSWER-The insured cannot claim money from both the insurer and a 3rd party. If the insured receives compensation for loss from the insurer, and sues the 3rd party (or 3rd party's insurer) for additional funds, the insurer has the right to all funds in order to recoup their costs. Characteristics of Insurance Contracts- - ANSWER-"Adhesion: insurance policy is take it or leave it. No negotiations over terms an conditions. This means ambiguities in contract are found...

Which of the following would be the most recommended method of implementing a savings plan? a. pay all your expenses first, including credit cards, then deposit the remainder in a money market account b. simply wait until the end of the month and see if any money is left over c. deposit a fixed or specific amount from a paycheck into a savings or money market account. d. complete a one-year budget, then see if the client can save money - ANSWER-deposit a fixed or specific amount from a pa...

Robert Smith asks for your help in preparing his cash flow statement. He tells you that his salary before taxes is $250,000 and that he has NO mortgage on his home. Which of the following statements is true about Robert's cash flow statement? The value of the home would be an income source, since there is NO mortgage. The value of the home would be an asset. The taxes on his salary would be a liability. The taxes on his salary would be an expense. - ANSWER-The correct answer is D. Option...

Dividend Discount Model - ANSWER-V = Next period's dividend / (req. rate of return - dividend growth rate) (on formula sheet) next div = current div(1+growth rate) Expected Rate of Return - ANSWER-Rate of Return = (Next period's dividend / market price) + dividend growth rate Net Present Value NPV - ANSWER-PV of CF - Initial Cost positive = invest 0 = invest negative = do not invest Holding Period Return HPR - ANSWER-(Selling Price - Purchase Price +/- CF) / Purchase price o...

MSFT declared a dividend payable to shareholders on the record date of Wed. May 15th. Which is the last possible date an investor could purchase the stock and still receive the dividend? A. purchased on May 13th B. purchased on May 12th C. purchased on May 11th D. purchased on May 10th - ANSWER-D. May 10th. Ex dividend date would be Monday the 13th, and in order to receive the dividend the investor would have to purchase prior to the ex-dividend date. Since the 13th is a Monday the la...

The first step in this problem is to compute the required rate of return using the CAPM formula: R = Rf + B(Rm - Rf) Stock A =14.8% = 6 + 1.1 x (14 - 6) Stock B = 13.04% = 6 + .88 x (14 - 6) Now that we have the required rate of return on the securities based on their volatility, I would utilize the Gordon Growth Model (or dividend model) to determine the price that the security should be at to be "fairly valued." V = D * (1 + g) / (R - g) Stock A =17.45 = [2 x (1+.03)] / (0.148-.03)...

constitutionalism - ANSWER-a government of laws, not people, operating on the principle that government al power must be limited that government officials should be restrained in their exercise of power over individuals delegated/enumeraed powers clause - ANSWER-powers specifically mention in the constitution as belonging to the national government necessary and proper clause - ANSWER-grants powers to congress to enact all laws that are necessary and proper for carrying out those responsib...

Know the different powers of the governor in Texas - ANSWER-• the constitutional position of governors relative to others • their powers of appointment and removal over state officials • their ability or inability to succeed themselves • their powers over the state budget • their veto powers • their position in their own party and its position in state politics Know the different types of vetoes - ANSWER--Post-Adjournment Veto: Governor can veto a bill after a session has be...

Why are federal grants-in-aid important? - ANSWER-One government giving money to another government. States get a lot of their money from the federal government What are mandates? - ANSWER-The federal government says you have to do something or they will fine you. There are three types: - Funded - Under-funded - Unfunded What is preemption? - ANSWER-The national government makes a law before the state can do anything What is usually contained in state constitutions (Bill of Rights, ...

What are enumerated powers? - ANSWER-Powers expressly given to the federal government in the constitution. What are implied powers? - ANSWER-Powers that are not expressly given to the federal government in the constitution but given to it under article 1 section 18. The necessary and proper clause. 10th amendment - ANSWER-States rights- powers not delegated to the US by the constitution, nor prohibited by it to the states, are reserved to the states respectively or the people. Marbury v...