Texas property Study guides, Class notes & Summaries

Texas Auctioneer License Part 2 Exam Questions and Correct Answers Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...

TEXAS PROPERTY AND CASUALTY EXAM AND PRACTICE QUESTIONS NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A

Texas Property & Casualty Insurance Exam Questions with Verified Solutions (420 Questions) 2024 Update

Texas Property Tax Consultant Exam Review Q & A Rated 100% Correct!!

Texas Property & Casualty License Exam Questions and Answers (Latest 2024 Update)

An Insurance company is the_____. correct answers Principle An insurance company issued a homeowners policy that included ambiguous language regarding how a loss was settled. The insured sued the insurance company and won. The judge stated that due to the ambiguous language in the contract the decision must be made in favor of the insured. The judge was basing this decision on which of the following types of insurance contract? correct answers Contract of adhesion The _____ page in an insu...

A policy written through the NFIP will provide coverage for: A Extra expenses B Increased costs to comply with local floodplain management laws C Loss of use D Loss of business income correct answers Increased costs to comply with local floodplain management laws Who is responsible for paying premiums, and will receive any premiums that have to be returned? A An additional insured B Any insured C Any named insured D First named insured correct answers First named insured Gene...

Texas Property & Casualty Insurance License Exam with Accurate Answers 2023 In order to be considered legally binding, an insurance contract must include all of the following - Offer and acceptance. Competent parties. Consideration (The four essential elements of all legal contracts are offer and acceptance, consideration, legal purpose, and competent parties.) With respect to a bonded contractor who defaults on a construction performance contract, which of the following statements is...

TEXAS PROPERTY AND CASUALTY INSURANCE STATE EXAM 2024 ACTUAL EXAM AND PRACTICE QUESTIONS 450 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) /A+ GRADE ASSURED

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...