Farm management Study guides, Class notes & Summaries

Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...

State Farm Estimatics ExamState Farm Estimatics Exam 2023-2024 Questions & Answers (Solved) State Farm Auto Adjuster Certification State Farm Auto Exam State Farm Casualty Exam State Farm Estimatics Exam State Farm Exam State Farm Fire Independent Policy Exam State Farm Management State Farm Property Exam State Farm Vocabulary Exam

State Farm Estimatics Exam 2023-2024 Questions & Answers (Solved) State Farm Auto Adjuster Certification State Farm Auto Exam State Farm Casualty Exam State Farm Estimatics Exam State Farm Exam State Farm Fire Independent Policy Exam State Farm Management State Farm Property Exam State Farm Vocabulary Exam

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

Agricultural Management Practices- Grade 12 - June Examination 2024 Multiple Choice Questions - Physical Farm Planning - Ground Structure - Agritourism - Farming Technique - Rotation Grazing / Pasture Grazing - Sources of funding and its Disadvantages - Entrepreneurship

Farm Management 9th Edition by Ronald Kay - Test Bank

In the State of Texas who is allowed to use a customized real estate contract? The real estate brokerage company The salesperson The broker Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. Offer and acceptance issue Competency issue Consideration iss...

State Farm Vocabulary Exam 2023-2024 Questions & Answers (Solved) State Farm Auto Adjuster Certification State Farm Auto Exam State Farm Casualty Exam State Farm Estimatics Exam State Farm Exam State Farm Fire Independent Policy Exam State Farm Management State Farm Property Exam State Farm Vocabulary Exam

Texas All Lines Adjuster Test 2024 Measures taken by an insurance company to ensure that their exposure is not too high and to control the effect of a loss; for example, an insurer might charge higher premiums to drivers who have received speeding tickets. - correct answer Risk Management A federal agency under the USDA that administers the Federal Crop Insurance Program. - correct answer Risk Management Agency Groups of people with similar insurance needs who form an organization t...

Conservation Incentives Programs - Answer-Public - NAWCA - US Farm Bill programs Private - NGOs - Leases Incentives - Answer-a payment or concession to stimulate greater output or investment Conservation Easement - Answer-legal agreement between landowner and a land trust or government agency that permanently limits uses of land in order to protect its conservation values Natural Resources Conservation Service - Answer-- the branch of the USDA that purchases easements from landowners f...