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nc life practice exam pt 2 Questions With 100% Correct Answers 2024

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nc life practice exam pt 2 Questions With 100% Correct Answers 2024 group life - answerWhich of the following types of insurance policies is EXEMPT from the Life Insurance and Annuity Replacement Rule? Accidental Death - answerA Variable Life contract must contain all of the following provisions EXCEPT: has forged another person's name on an insurance application - answerThe Insurance Commissioner may revoke or suspend a producer's license if the producer: a foreign company - answerAn insuranc...

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NC Life Insurance Exam Prep Chapter I Questions With 100% Correct Answers 2024

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NC Life Insurance Exam Prep Chapter I Questions With 100% Correct Answers 2024 Liquidity - answerindicates a company's ability to make unpredictable payouts to policy owners Insurance - answerevolved to produce a practical solution to economic uncertainties and losses Reserves - answerthe accounting measurement of an insurer's future obligations to its policyholders. They are classified as liabilities on the insurance company's accounting statements since they must be settled at a future date...

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NC Health Insurance Exam Pearson Vue Questions With 100% Correct Answers

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NC Health Insurance Exam Pearson Vue Questions With 100% Correct Answers Pure Risk - answerchance of loss or no loss but not gain insurable Speculative Risk - answerthere is possibility of loss but of gain no insurablility exposure unit - answersubject to loss peril - answercause of loss life insurance - answerdeath Health insurance - answeraccident and sickness hazard - answerincreases the likelihood or severity of loss Three types of hazard - answerphysical, moral, morale physical hazard - ans...

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Naslca Virginia Practice Exam Questions With 100% Correct Answers

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Naslca Virginia Practice Exam Questions With 100% Correct Answers What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - answer$500 fine per day for each day of violation plus penalties for a misdemeanor. All Class A contractor licensure applications MUST include - answerinformation on the knowledge, skills, and abilities of the applicant. What is the PRIMARY purpose of licensing? - answerProtect the health and welfare of the public. When a claima...

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NASCLA Test 1 Exam Questions with Correct Answers

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NASCLA Test 1 Exam Questions with Correct Answers ____ and _____ are two essential parts to a business plan - answer1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - answer1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorship. - answerUnlimited Personal Liability If you are a sole proprietor and complete work under a name that is not your own, you would be required to file a _...

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NASCLA PSI EXAM PRACTICE Questions With Verified Answers 2024

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NASCLA PSI EXAM PRACTICE Questions With Verified Answers 2024 FOB freight prepaid requires __________ to pay for shipping charges - answerSeller 14-12 Which of the following is not a member of the supervisory team? - answerProject manager 9-7 __________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a simplified method. - answerCalendar 9-3 When working in dwelling that was built prior to 1978, the employer is to provide each occupant with a pamphlet title __...

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NASCLA PRACTICE EXAM 3 Questions With 100% Correct Answers

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NASCLA PRACTICE EXAM 3 Questions With 100% Correct Answers Where lateral restraint is required quickly, a practicable method of supporting the walls of an excavation is to use internal sloping braces. - answerinternal sloping braces A load test shall not be made until that portion of the structure to be subjected to load is at least ___ old. - answer56 days Openings in concrete walls are made by setting ___ into the form at the required position. - answerbucks Bucks should be braced ___ so that ...

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NASCLA Home Improvement Salesperson MARYLAND Exam Questions with Correct Answers

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NASCLA Home Improvement Salesperson MARYLAND Exam Questions with Correct Answers A Home Improvement Contractor is a person who offers to... - answerperform repairs for a homeowner. What is the MAXIMUM deposit permitted for a project with a total contract price of $1,500? - answer$500 What is the MAXIMUM amount that a home improvement contactor may pay to a homeowner for referring a client to the contractor? - answerThe contractor is NOT permitted to compensate the homeowner for referrals. An app...

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NASCLA exam prep Questions With 100% Correct Answers

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NASCLA exam prep Questions With 100% Correct Answers Accessible ramps should have a landing of at least how many inches? - answer60" Operable parts of equipment shall not require more than how many pounds pressure? - answer5 pounds The clear width of an accessible route must be how many inches? - answer36

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NASCLA Contractor's Guide, NASCLA Contractors Guide Exam Questions with Correct Answers

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NASCLA Contractor's Guide, NASCLA Contractors Guide Exam Questions with Correct Answers 3 elements of a business plan - answer-cover page -executive summary -company summary -products and services -market analysis -marketing strategy -financial plan advantages of sole proprietorship - answer-minimal legal restrictions -simple ownership form -low start up costs -sole ownership of profits -freedom in decision making process disadvantages of sole proprietorship - answer-unlimited personal liabilit...

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