The Safety Harbor marketing file includes this issue: emergency repair contract uses insurance proceeds. Which Chapter 489 topic should be reviewed?
Correct Answer
B) property-insurance check
Chapter 489 regulates certain property-insurance-related contracting practices.
Why This Is the Correct Answer
Chapter 489 regulates certain property-insurance-related contracting practices.
Why the Other Options Are Wrong
Option A: NOC posting tax support folder
NOC posting tax support folder may relate to another site control, but it does not remove or guard the insurance repair compliance exposure being tested.
Option C: tax direct purchase lien diary item
tax direct purchase lien diary item may relate to another site control, but it does not remove or guard the insurance repair compliance exposure being tested.
Option D: qualifier role permit status record
qualifier role permit status record may relate to another site control, but it does not remove or guard the insurance repair compliance exposure being tested.
Memory Technique
Insurance Repair lock for Reviews Insurance-Related: regulates is the harm, certain is the guard.
Reference Hint
Open-book path: tab Florida Statutes Chapter 489 to Section 489.147, Prohibited property insurance practices; verify the Florida rule, deadline, or compliance record before answering.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
People Also Study
Related Study Resources
Previous Question
The Haines City bank statement balance is $184,300. Deposits in transit are $22,900 and outstanding checks are $31,800. What adjusted bank balance is calculated?
Next Question
A Tampa job has earned revenue of $390,000 and direct job costs of $292,500. What gross profit percentage is shown on earned revenue?
