A deed that contains warranties that are not limited or restricted in its scope to the current seller is said to be this type of deed:

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A deed that contains warranties that are not limited or restricted in its scope to the current seller is said to be this type of deed:

A. Trustee's deed
B. Quit Claim deed
C. Special Warranty deed
D. General Warranty deed

Answer: D. General Warranty deed

Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? a) $0 b) $30,000 c) $32,000 d) $40,000 Answer: B

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Fixed annuities provide each of the following EXCEPT
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A domestic insurer issuing variable contracts must establish one or more
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Which of the following best defines target premium in a universal life policy?
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Life insurance policies will normally pay for losses arising from
Which of the following statements regarding the taxation of Modified Endowment Contracts is FALSE
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In an insurance contract, the applicant's "consideration" is the
Agents may be found guilty of defamation if they make a false statement that is intended to?
How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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All of the following are true regarding rebates EXCEPT
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Circulating deceptive sales material to the public is what type of Unfair Trade Practice?
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The requirement that agents not commingle insurance monies with their own funds is known as
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