CA Real Estate Finance Course » 2021 » Sec 16 Unit 6 Exam

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Question #1
Shannon is a new licensee not making much money. She considers dropping insurance to cut her expenses. Which insurance could she drop without too much risk?
A.   Auto
B.   Errors and omissions
C.   Life
D.   Health
Question #2
Dana typically drives clients to and from showings. Which of the following types of insurance provides the best coverage while transporting clients?
A.   Health
B.   Auto
C.   Vision
D.   Errors and omissions
Question #3
Nicole is a young licensee just starting her business and doesn’t have any income yet. She decides to purchase insurance as soon as she has the money. Which of the following can she likely skip for now?
A.   Health
B.   Auto
C.   Errors and omissions
D.   Life
Question #4
When Susan opened her new office, her very first client made demands for services that Susan wasn’t fully knowledgeable about, and she made a few mistakes. Let’s hope she has this type of insurance.
A.   Errors and omissions
B.   Malpractice
C.   Accidental death and dismemberment
D.   Health

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