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Life & Health Insurance Exam Questions and Answers 100% Pass

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Life & Health Insurance Exam Questions and Answers 100% Pass Insurance - Correct Answer ️️ -transfer of risk Speculative risk - Correct Answer ️️ -has a possibility of both loss and gain Pure risk - Correct Answer ️️ -only has a possibility of loss (no gain) Exposure - Correct Answer ️️ -risks for which an insurance company would be liable expressed in units Peril - Correct Answer ️️ -cause of a loss Hazard - Correct Answer ️️ -an increase in the chance of loss M...

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Arkansas Real Estate State Exam Prep Questions and Answers 100% Pass

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Arkansas Real Estate State Exam Prep Questions and Answers 100% Pass Commission meetings: a. Are whenever possible b. Are on the first Monday following the second Tuesday of every month c. Can be called by a majority d. Are twice a year at a time designated by the commission - Correct Answer ️️ -C. Can be called by a majority Meetings of the commission are held: a. At the commission's office b. At the board room c. In private d. At a public facility - Correct Answer ️️ -A. A...

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Arkansa Real Estate Law Exam Questions and Answers 100% Pass

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Arkansa Real Estate Law Exam Questions and Answers 100% Pass A real estate office may not be located where? a. the salesperson's home b. a real estate school c. an office building d. a mobile home - Correct Answer ️️ -A. A Salesperson cannot have a firm - Principal Broker only. All of the locations listed are acceptable Which one of the following is not a $30 fee? a. application for a salesperson's license b. transfer from one company to another c. replacement of a lost license or ...

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Arkansas RE License Law Enforcement Exam Questions and Answers 100% Pass

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Arkansas RE License Law Enforcement Exam Questions and Answers 100% Pass f a licensee has their license revoked or suspended, it does not cause the principal broker to suffer the same punishment as the licensee if the principal broker - Correct Answer ️️ -did not participate or have knowledge of the licensee's acts. Each active status licensee is assessed an additional fee if the balance in the recovery fund drops below - Correct Answer ️️ -$250,000. If the Commission pays an agg...

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ARKANSAS RE state exam Questions and Answers 100% Pass

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ARKANSAS RE state exam Questions and Answers 100% Pass As a licensee, you'll have several tasks you must perform for your buyer client. One of these tasks is to - Correct Answer ️️ -review transaction documents with the buyer, clarifying anything that could be confusing, without stepping outside the scope of your license Wyatt is a licensed broker and an appointed member of the Arkansas real estate commission. All of the following are a part of his duties and responsibilities as a me...

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AR Real Estate License Law Section Questions and Answers 100% Pass

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AR Real Estate License Law Section Questions and Answers 100% Pass Broker Jones is hired to manage an apartment complex. Jones pays the resident manager for handling the leasing of units. - Correct Answer ️️ -No license is required for the resident manager How many of the real estate commissioners are in the real estate business? - Correct Answer ️️ -Three After the Real Estate Commission has awarded money from the Recovery Fund, the licensee involved may appeal the decision to t...

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Arkansas Real Estate License Law Exam Questions and Answers 100% Pass

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Arkansas Real Estate License Law Exam Questions and Answers 100% Pass A property management agreement is a written contract between the - Correct Answer ️️ -owner and property manager The answer is owner and property manager. A property management agreement is a written contract between the owner and the property manager. How are members of the Arkansas Real Estate Commission's board selected? - Correct Answer ️️ -Appointed by the governor The answer is appointed by the governor...

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Arkansas Real Estate Exam Questions and Answers 100% Pass

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Arkansas Real Estate Exam Questions and Answers 100% Pass Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres - Correct Answer ️️ -2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of deed should he provide buyers to show ...

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Arkansas Real Estate Law Mid-Term Questions and Answers 100% Pass

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Arkansas Real Estate Law Mid-Term Questions and Answers 100% Pass In a timely manner - Correct Answer ️️ -A licensee is representing the seller solely in a real estate transaction. When must the agent disclose his or her agency relationship to the prospective buyer? At first contact - Correct Answer ️️ -A licensee is representing the buyer solely in a real estate transaction. When must the agent disclose his or her agency relationship to the seller or the agent of the seller? No,...

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